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About the Listing MDIA01 - 3150326
This renowned and iconic building is currently undergoing an extensive renovation, encompassing new fire escapes, refreshed exterior stucco, upgraded windows, and a brand-new roof. The project includes the transformation of five residential rental units, a street-accessible retail space, and a former restaurant. - no restaurant equipment included. the building has also been equipped with eight electric meters. This offering includes lots 00002.01 and 00003. construction is 100% completed. the 5 residential units have been newly leased. Call LA for details. this building generates income from 5 residential units, 2 retail/commercial units, 1bill billboard. Landlord is in the process of leasing out retail units unless new buyer wants to purchase vacant Estimated gross income is projected conservatively See offering memorandum NOI in documents. Landlord is in the process of leasing the retail/commercial unit (#1) $1500/mth. 2-3 yr. lease and in the process of leasing the (#2) commercial unit (10/yr. lease. unless new buyer wants them vacant. Disclaimer: floor plans and dimension are estimated to be accurate to the best of our knowledge.
Listing Highlights for 328 - 334 E State St
Status
Active With Contingency
Days on Site
588
Property Type
Commercial Sale
MLS ®
NJME2040740
Year Built
1950
Total Square Footage
7,724
Lot/Acreage
0.07
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 12.60 x 58 42.20 x 58.60
- Zoning: MIXED USE
- Roof: Flat,Rubber
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $9,447
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
328 - 334 E State St Trenton, NJ 08608
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