For more information regarding the value of a property, please contact us for a free consultation.
1342 BRUNSWICK AVE Trenton, NJ 08638
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,385 sqft
Price per Sqft $146
MLS Listing ID NJME2034916
Sold Date 03/11/24
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $10,042
Tax Year 2022
Lot Size 2,883 Sqft
Acres 0.07
Lot Dimensions 20.30 x 142.00
Property Description
Unlock a world of potential with the exceptional mixed-use property, presenting a golden opportunity for both owner/operators and savvy investors. Here are some of the key features that make this a standout investment: * FULLY OPERATIONAL RESTAURANT – This property boasts a turnkey, fully operational restaurant, ready to cater to the culinary needs of the community. Seating capacity for 30 patrons (buyer to confirm max. allowable with The City), creating a cozy and inviting atmosphere for the diners. (Please note: the business is not included in the sale. The current tenants are on a month-to-month lease and will consider staying) * EQUIPMENT INCLUSION – Most of the essential restaurant equipment is included in the sale, streamlining the transition for the new owner. A detailed list will be made available, with only specific exclusions, ensuring a smooth takeover * FENCED REAR YARD – The fenced rear yard adds a layer of privacy, while creating a potential for charming outdoor dining (buyer to confirm allowable usage with The City) * DETACHED GARAGE – In addition to the incredible storage space that can be found in this structure, you will find the walk-in refrigerator, which is ideal for storing perishables and maintaining the freshness of your ingredients * VERSATILE BASEMENT SPACE - The full basement with walkout provides even more storage, allowing for efficient management of restaurant supplies and inventory. Maximizing the use of this space will help keep operations running seamlessly * RESIDENTIAL APPEAL – Beyond the commercial space, the property includes a completely renovated (3) bedroom, (1) bath apartment with a private entrance and separate utilities. (Residential tenants currently have a lease in place for $2,000 a month through July 2024).
Don’t miss the chance to acquire this INCOME PRODUCING gem strategically designed for success. Whether you’re a restaurateur ready to expand or an investor seeking a lucrative addition to your portfolio, this property has the winning formula. Schedule a viewing today to explore the potential and secure your stake in this fantastic investment opportunity!
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning A4
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-24101-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less
Bought with Jonathan S Lamond • NextHome Essential Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "