157 Frazier StTrenton, NJ 08618

For Sale
$420,000

Grocery Store & Apartment Building

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property in Trenton, NJ, presents a lucrative investment opportunity. Located at 157 Frazier, the building boasts a thriving grocery store currently operating under a lease with nine years remaining. The retail space encompasses approximately 1900 square feet, complemented by an additional 400 square feet of dedicated storage. Above the commercial space, a substantial 1400 square foot apartment provides significant rental income potential. The property sits on a conveniently sized 0.06-acre lot, offering ample space for the existing structures and potential future development, subject to local zoning regulations. The current lease agreement with the grocery store ensures a stable income stream for the foreseeable future, minimizing vacancy risk and maximizing return on investment. This turnkey operation is ideal for investors seeking a blend of commercial and residential income, offering both immediate cash flow and long-term growth prospects. The property's strong tenant history and prime Trenton location make it a highly desirable asset. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Financial statements and lease details are available upon request. The asking price for this remarkable property is $420,000.

Property Details for 157 Frazier St

Property type
Mixed-use properties, Other mixed-use properties
Year Built
1950
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Trenton
County
Mercer
State
New Jersey
Latitude
40.23079
Longitude
-74.77283
157 Frazier St, Trenton, New Jersey

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157 Frazier St
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