Trenton, NJ 08638,1342 BRUNSWICK AVE
Trenton, NJ 08638,1342 BRUNSWICK AVE
Trenton, NJ 08638,1342 BRUNSWICK AVE
$350,000
Est. payment /mo
$390,000
10.3%
Est.Price: ?

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2,385 SqFt
SOLD DATE : 03/11/2024

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

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Bright MLS (BMLS)
Listed by Jonathan S Lamond • NextHome Essential Realty
Bought with Jonathan S Lamond • NextHome Essential Realty

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agent

Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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