Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Bathrooms: 4
Pets: Pets No

Financials

Price:C850,000
($625,838)
(€531,953.52)
Annual Taxes:C7,705
505 Park Ave, New York, NY 10022

Description

Prime mixed-use opportunity in the heart of downtown Trenton! This massive 2-storey building offers 5,752 sqft of space, featuring two commercial units on the main floor and two vacant residential apartments on the upper level - perfect for setting your own market rents. With an estimated income of $8,000/month and a projected 8.5% cap rate, this is a high-yield investment in a growing market. Located in a high-traffic area with excellent visibility and surrounded by shops, restaurants, banks, and essential services, this property benefits from strong foot traffic and walkability. Zoned Downtown Commercial (DC), it supports a wide range of uses including retail, office, personal service, restaurant, clinic, studio, and more (see zoning list for full permitted uses), making it ideal for investors or owner-operators looking to add value. Whether you're expanding your portfolio or seeking a versatile live-work or lease-out setup, this property offers both flexibility and serious income potential in one of Trenton's most strategic locations. VTB/Seller financing available - reach out for details.

Amenities

  • Public Transit
  • Recreation/Community Centre

Prime mixed use opportunity in the heart of downtown Trenton !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.