722 Martin Luther King Jr Blvd, Trenton, NJ 08618

$350,000

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List Price
$350,000
Days on Market
6
Status
ACTIVE
MLS#
NJME2084148
Lot Size (Acres)
0.06
Year Built
1950
County
Mercer
School District
Trenton Public Schools

Property Description

Discover a prime investment opportunity with this well-located commercial property built in 1950, featuring durable brick construction. This property offers a manageable footprint for investors seeking to maximize their return on investment. The property is strategically positioned to benefit from local traffic and visibility, making it an ideal candidate for various commercial ventures. With on-street parking and a 2 car garage, accessibility is a key advantage, enhancing its appeal. Investors will appreciate the potential for additional rental income from the 2 apartment units and detached garage, given the growing demand for commercial spaces in the area. The property's established structure allows for immediate renovations to suit specific business needs, providing flexibility in maximizing cash flow. The surrounding neighborhood is ripe for development, with increasing foot traffic and a supportive community atmosphere. This property offers a solid foundation for long-term appreciation as the area continues to evolve. Seize this opportunity to add a valuable asset to your portfolio, combining a prime location with the potential for strong financial performance. Don't miss out on the chance to invest in a property that promises both stability and growth in a dynamic market. Roof is approx 3 years olf. Newer furnace. Newer Chimney Liner.

Additional Information

Area
Trenton City (21111)
School District
Trenton Public Schools
Heating
Radiator(s)
Cooling
None
Water
Public
Sewer
Public Sewer

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Listing courtesy of Harkes Realty and Associates. Contact: