24 S Warren St - Retail FOR SALE


Trenton, NJ 08608- Downtown Trenton
$1,290,000 USD
201-845-3700
24 S Warren St, Trenton, NJ for Sale
$1,290,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

NEW


24 S Warren St
Trenton, NJ 08608
Downtown Trenton


HIGHLIGHTS

  • 4 - fully leased apartments
  • Complete building renovation completed in 2024
  • Operating business with lots of growth potential
  • Ideal opportunity for owner or investor

OVERVIEW

The sales includes: real estate, Slammin Brew Business and FFE Slammin Brew Business Summary: Slammin Brew is a well-established and beloved café located in Downtown Trenton NJ. Operating since February 2024 it has built a loyal customer base and strong community presence. The café offers an inviting atmosphere, locally sourced food and beverage options, premium cigars, an outdoor patio and a local Trenton artist portfolio curated by one of our very own chefs. Slammin Brew has a reputation for quality food and service with a friendly staff who pays close attention to detail and a great dine in or out experience. This is an great opportunity for an entrepreneur or investor to acquire a fully operational, turn-key, profitable café with growth potential and a 4.8 Google Star rating. Key Business Highlights: Established: February 2024 Annual Revenue: $ 250,000 (12 months) Square Footage: 1,400 sq ft first floor with partially finished basement for food prep and storage Seating Capacity: Indoor – 20 Outdoor – 14 Office/Basement – 1,400 SF +/- Fully furnished with desks, chairs and camera surveillance system Lease Terms: $ 3,000 + potential with outdoor patio Employees: [1 FT / 4 - PT] (with or without manager) Licenses: All licenses (health, food service, Tobacco) are current and transferable Included in Sale: Furniture, fixtures, and equipment (FF&E) Decor, website, customer list POS System Lease assignment Transition and support from current owner Opportunities for Growth: Add beer/wine license Expand catering or delivery Extend hours or host events Collaborations with local artisans or roasters (Continue and expand) Online ordering or branded merchandise Located in UEZ and already a UEZ business Real Estate Summary: The 4,283 SF +/- building (with additional 1,400 SF +/- basement) includes 1,400 SF +/- first floor cafe, 1,400 SF +/- second floor with (2) apartments and 1,400 SF +/- third floor with (2) apartments. The building was completely gutted and renovated (framing, electrical, plumbing, HVAC, fire Systems, commercial camera and security systems, etc.) in March 2024 and complies with all NEW Trenton building city codes. All (4) apartments are fully leased, conform to historical requirements and include new bathroom fixtures, wall to ceiling bathroom tiles, wood flooring, brand new appliances, LED lighting and all new windows. Unit 1 – Fully furnished studio apartment – Rent $1,600 monthly Unit 2 – 1 Bedroom apartment – Rent $1,595 monthly Unit 3 – 1 Bedroom loft apartment – Rent $2,250 (Includes Water, PSEG + Internet) Unit 4 – 1 Bedroom apartment – Rent $1,500 monthly Monthly Rent roll Apartments - $6,945.00/month

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,917 SF

ZONING

HIST

APN/PARCEL ID

11-00102-0000-00007

ASK ABOUT THIS PROPERTY

William Kapas8008607655More Info
201-845-3700

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William Kapas8008607655More Info
201-845-3700

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