NJ
MERCER
TRENTON
08608
127 N BROAD STREET
127 N BROAD STREET, TRENTON, NJ 08608
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Listing Type
Commercial/Industrial
Listing Status
under contract
25
$462,500

Home Details for 127 N BROAD STREET

Price
$462,500
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1950
Lot size acres
0.06
County
MERCER
Garage
Days on site
293
MLS Listing#
NJME2059212
Property Description

Turnkey 7-Unit Mixed-Use Investment Opportunity in the Heart of Trenton. This is a rare opportunity to acquire a fully operational, income-producing seven-unit mixed-use property located on Broad Street in the rapidly revitalizing downtown Trenton corridor. Ideal for investors seeking a stable asset with immediate returns and long-term growth potential, this property offers a blend of residential and commercial income streams in a high-demand rental market. The building consists of 5 studio apartments and 1 one-bedroom unit, and a spacious ground-floor commercial retail space. Currently, five of the six residential units are occupied on a month-to-month basis, providing consistent cash flow and flexibility for future rental adjustments or upgrades. The retail space is presently vacant, offering an excellent value-add opportunity with an estimated monthly rental potential of $2,000. A new furnace has been recently installed, further enhancing the property's appeal as a turnkey investment. Strategically positioned within the boundaries of the Trenton Downtown Association, the property is eligible for various business incentives and grant programs designed to attract and support new commercial ventures. This location is considered prime, with strong pedestrian traffic and visibility. It is within walking distance to Mercer County College, the Trenton Public Library, the government offices, shopping centers, and multiple public transportation options. The property is being sold in as-is condition. The seller will make no repairs, and the buyer will be responsible for obtaining the Certificate of Occupancy. With solid in-place income, clear value-add potential in the commercial space, and the added advantage of downtown redevelopment incentives, this offering presents an exceptional investment opportunity for those looking to expand their portfolio in an emerging market. For qualified investors, this property represents both stability and upside in a central, growing location. Owner pays for gas, water and sewer, tenant pays electric.

Property Features
  • Cooling Information
    • Window Unit(s)
    • Electric
  • Heating Information
    • Natural Gas
    • Radiant
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: RE/MAX Preferred - Cherry Hill - 856-616-2626
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Last Updated: 2025-09-05 07:36:14
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EXIT REALTY JERSEY SHORE
2029 Route 37 East, Toms River, NJ 08753
Rosemarie McGeehan
License #: 0679931
Associate Broker
Office
732 573 1550
Agent
732 740 9519
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