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849 W State St 6,020 SF 100% Leased Office Building Trenton, NJ 08618 For Sale
Executive Summary
849 W. State Street presents an opportunity to acquire a fully leased, income-producing office property in Trenton’s historic district. The 6,020± SF, three-story building, originally constructed in 1916 and fully renovated in 2016, blends historic character with modern office functionality. The property is leased to Hyacinth, an established nonprofit healthcare organization, providing stable in-place income with approximately two years of remaining lease term.
The offering also includes a detached carriage house with a residential apartment, providing supplemental income and flexibility. Offered at $999,999, the property delivers an approximately 8.26% in-place cap rate, appealing to private investors and 1031 buyers seeking strong yield.
The offering also includes a detached carriage house with a residential apartment, providing supplemental income and flexibility. Offered at $999,999, the property delivers an approximately 8.26% in-place cap rate, appealing to private investors and 1031 buyers seeking strong yield.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,020 SF
Building Class
C
Year Built/Renovated
1916/2016
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,600 SF
Building FAR
0.40
Lot Size
0.35 AC
Zoning
C-1
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Hyacinth Aids Foundation
- Services
- -
- -
- -
Hyacinth was incorporated in 1985 in response to New Jersey’s AIDS epidemic. At the dawn of the epidemic, Hyacinth’s initial programs included a hotline, a buddy program, and support groups to help people with AIDS as they prepared to die, their caregivers as they tried to cope, and those left behind with their grief.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Hyacinth Aids Foundation | Services | - | - | - |
1 1
Property Taxes
| Parcel Number | 11-31802-0000-00011 | Improvements Assessment | $145,726 CAD |
| Land Assessment | $193,804 CAD | Total Assessment | $339,530 CAD |
Property Taxes
Parcel Number
11-31802-0000-00011
Land Assessment
$193,804 CAD
Improvements Assessment
$145,726 CAD
Total Assessment
$339,530 CAD
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849 W State St
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