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The Grove 69 Route 156 4,700 SF 100% Leased Retail Building Trenton, NJ 08620 $1,185,136 CAD ($252.16 CAD/SF)
INVESTMENT HIGHLIGHTS
- Situated in a strategic location, this property benefits from high visibility and accessibility, further enhancing its investment potential.
- The restaurant's decades-long success underscores the viability and attractiveness of this investment, making it a promising addition to your real est
- Enhance your investment strategy by diversifying into both residential and commercial real estate with this mixed-use property.
EXECUTIVE SUMMARY
Unique Opportunity to acquire an investment property with a long-term tenant in place, including a duplex with 2 residential units. A long-term experienced restaurant operator with 40+ years in the business anchors this mixed-use parcel.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,700 SF
Building Class
C
Year Built
1920
Price
$1,185,136 CAD
Price Per SF
$252.16 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.46 AC
Zoning
CC
Parking
30 Spaces (6.38 Spaces per 1,000 SF Leased)
Frontage
198’ on Route 156
AMENITIES
- Fireplace
- Restaurant
- Security System
- Signage
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-02662-0000-00007 | Improvements Assessment | $868,686 CAD |
| Land Assessment | $154,543 CAD | Total Assessment | $1,023,229 CAD |
PROPERTY TAXES
Parcel Number
03-02662-0000-00007
Land Assessment
$154,543 CAD
Improvements Assessment
$868,686 CAD
Total Assessment
$1,023,229 CAD
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The Grove | 69 Route 156
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