27 29 S Warren St
$250,000
27 29 S Warren St, Trenton, NJ 08608
1,857 sqft
Building Size
1950
Year Built
Details:
Highlights:
- Days on Market: 15
- Heating: Forced Air
Description:
This one-story 1,857$ SF retail/restaurant property generates $37,200 in annual rental income with a cap rate of 8.5%—a rare find in today's market. The building is leased to a popular Jamaican restaurant paying $3,100/month, with a renewed lease and interest in staying, ensuring stability and cash flow from day one.
Built in 1950 and well maintained, the property features a brick exterior, flat roof, 200-amp electric, and gas-fired heating with central cooling. Expenses are conservatively estimated, utilities are tenant-paid, and the pro forma reflects realistic, achievable returns
City code may allow a second-floor addition, offering potential for future expansion. Whether you're an investor seeking reliable income or an owner-user looking for a prime location, this property delivers strong fundamentals and long-term upside
Location

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