511 Perry St
Trenton, NJ 08618
5 - 11 Perry St, Trenton, NJ 08618-3931 · Retail Property For Sale

5–11 Perry Street presents a recently renovated mixed-use investment opportunity in Trenton, NJ, offering six residential apartments and two ground-floor commercial units in a three-story building near downtown Trenton, regional transit, government employment, and neighborhood-serving commercial uses.
The property contains approximately 9,138 square feet of gross building area and approximately 7,400 square feet of rentable area across three tax parcels totaling approximately 6,970 square feet. The building has undergone significant recent improvements, including updated building systems, renovated residential units, updated commercial space, separate utility service, and a Certificate of Occupancy.
Current leasing momentum provides investors with a near-stabilized asset and remaining upside. Five of six residential apartments are leased, one ground-floor commercial tenant is scheduled to commence July 1, and the remaining apartment and retail space are available for lease. At full stabilization, the rent roll projects approximately $190,200 in annual rental income.
BA Business “A” zoning supports the property’s current mixed-use configuration, with ground-floor commercial space and residential apartments above. The asset is well-positioned for investors seeking stabilized income with additional lease-up upside, professional management upside, and long-term hold potential in the Trenton market.
Available off-market through July 10, 2026. Call for offers. Qualified purchasers may request additional financial and diligence materials through NJ Elite Group Commercial Real Estate Division.