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sales rep | Brivity IDX

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801 E State St , Trenton, NJ 08609
$597,000
Est. Payment: $3,223.81/mo
5227 Sqft
Status: active | Days on site: 22
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MSCH04 - 3134481
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House Description

This commercial property, originally constructed in 1950, is poised for significant transformation with a major renovation. All permits and zoning variances are done. Situated on a strategically located corner lot, this property presents a unique investment opportunity for discerning investors seeking to capitalize on the potential for substantial returns.1. : The property benefits from its corner lot positioning, enhancing visibility and accessibility. This prime location is ideal for attracting foot traffic and maximizing exposure, making it suitable for a variety of commercial uses.2. : With a major rehabilitation planned, investors can leverage the opportunity to modernize the property, aligning it with current market demands. The renovation will not only enhance the aesthetic appeal but also improve functionality, increasing rental income and property value.3. : The anticipated upgrades and renovations are expected to yield significant returns on investment. By revitalizing the property, investors can attract higher-quality tenants and command premium rental rates, thereby enhancing cash flow and overall profitability.4. : The property's design and location allow for versatile usage, accommodating various commercial ventures. This flexibility can attract a diverse tenant base, further mitigating investment risk.5. : The inclusion of a dedicated parking lot enhances the property's appeal, providing convenience for tenants and customers alike. Ample parking is a critical factor in commercial real estate, contributing to tenant satisfaction and retention.6. : The surrounding area is experiencing growth, with increasing demand for commercial spaces. This trend positions the property favorably within the market, suggesting a strong potential for appreciation in value post-renovation.7. : With the completion of the renovation, investors have the opportunity to secure a property that will be modernized to meet contemporary standards, ensuring long-term viability and competitiveness in the market. In summary, this commercial property represents a compelling investment opportunity characterized by its prime corner lot location, planned major renovations, and potential for significant returns. Investors are encouraged to consider the strategic advantages this property offers in a growing market. Floor plan available in the MLS documents tab.

Highlights

Listed by Gilbert L Cheeseman Jr. , 6095755878 Coldwell Banker Residential Brokerage-Princeton Jct , 6097998181. Bright MLS

Property Type

Commercial Sale

Year Built

1950

County

Mercer

Area

Trenton City (21111)

School District

Trenton Public Schools

Listing ID

NJME2084630

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Interior Features

Air Cond:Ductless/Mini-Split,Multi Units
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:7
Zoning:Mixed use. The first floor can be divided up into several commercial uses. The 2nd and third floor has 3 apartments.
Others:
  • ▪ Additional:Major Rehab Needed
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$3,224
Taxes
$704

Home Price

$597,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$119,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,223.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,223.81 $704.33 $0.00 $3,928.14
Yearly $38,685.68 $8,452.00 $0.00 $47,137.68
Total $1,160,570.46 $253,560.00 $0.00 $1,414,130.46
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Trenton, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS