1629 Highway 33 - Freestanding FOR SALE


Trenton, NJ 08690- Hamilton Township
$1,550,000 USD
732-998-1826
1629 Highway 33, Trenton, NJ for Sale
$1,550,000 USD
Freestanding - FOR SALE
1/9
null | 7.5% Cap Rate

1629 Highway 33
Trenton, NJ 08690
Hamilton Township


HIGHLIGHTS

  • Stable in-place cash flow with 100% occupancy across five tenants, producing a strong NOI of $116,236 from day one.
  • Prime, high-visibility along a heavily trafficked Highway 33 corridor near Hamilton Township and Robbinsville, supporting long-term tenant demand.
  • Reduced near-term capex and upside potential with a 2021 roof replacement and a modified gross lease structure that allows for future optimization.

OVERVIEW

Located along the highly trafficked Highway 33 corridor, 1629 Highway 33 presents a well-positioned, fully occupied mixed-use investment opportunity with stable in-place income and attractive fundamentals. This property is situated closer to Hamilton township and Robbinsville, positioned further east of Trenton territory. This 6,000 SF building plus basement is comprised of five tenants and is currently operating at 100% occupancy, offering immediate cash flow from day one. The property features a modified gross lease structure with a blend of annual and month-to-month tenancies, providing both income stability and future upside potential. The roof was replaced in 2021, reducing near-term capital expenditure concerns and enhancing overall asset reliability. With a gross income of $160,800 and expenses of $44,564, the property generates a strong NOI of $116,236. At the asking price of $1,550,000, this represents an attractive return profile for investors seeking steady income with long-term value positioning along a prominent commercial corridor. Strategically located with excellent visibility and accessibility, the asset benefits from consistent traffic flow and strong local demand drivers within the surrounding market. This opportunity combines stability, location strength, and operational flexibility — making it well-suited for investors seeking durable cash flow with the ability to optimize over time.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$258 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

33's Barber Shop Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

Highway Commercial

APN/PARCEL ID

03-01958-0000-00001

ASK ABOUT THIS PROPERTY

Devin FoderaroKeller Williams Realty Monmouth/OceanMore Info
732-998-1826

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Devin FoderaroKeller Williams Realty Monmouth/OceanMore Info
732-998-1826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.