About 27-29 S Warren St
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
Features of 27-29 S Warren St
| MLS® # | NJME2065780 |
|---|---|
| Price | $250,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,857 |
| Acres | 0.07 |
| Year Built | 1950 |
| Type | Commercial Sale |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 27-29 S Warren St |
|---|---|
| Area | Trenton City (21111) |
| Subdivision | TRADITIONS AT HAMILT |
| City | TRENTON |
| County | MERCER-NJ |
| State | NJ |
| Zip Code | 08608 |
| Senior Community | N |
Amenities
| Utilities | Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available |
|---|---|
| Parking Type | On Street |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Other |
| Fireplace | No |
| Has Basement | No |
| Central Air | N |
Exterior
| Exterior | Brick and Siding, Block |
|---|---|
| Roof | Flat, Rubber |
| New Construction | N |
School Information
| District | TRENTON PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | September 24th, 2025 |
|---|---|
| Days on Market | 34 |
| Zoning | BA |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty, LLC |
|---|