Agabiti Property

Retail-Commercial for Sale
Catylist Listing ID: 28757147
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 1,880 SF
Gross Building Area: See Agent
Sale Price: $175,000
Unit Price: $93.09 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2018

Overview / Comments

587 Chestnut Avenue

The property consists of 2 apartments and a two car garage. The two car garage may be rented at $50.00 per month.

Apartment 1 has a Living Room, Dining Room, Bedroom, Kitchen, Full Bath and a Storage Room. The monthly rate is $900.00 per month.- 3 year lease – Expires 2020.

Apartment 2 has a Living Room, 2 Bedrooms, Kitchen and Full Bath. The monthly rate is $950.00 per month. – 3 year lease – Expires September 2020.

The apartments have separate 100+ amp electrical service and gas hot water radiator and baseboard heat. There are two hot water heaters, a 40 gallon and a 60 gallon. There are new replacement windows and newer garage door front and back and newer pedestrian doors. The exterior is aluminum, composite shingles and brick

589 Chestnut Avenue

The commercial space is used as a contractor’s office and shop. There is a small office area and the back area is storage. There is a 100+/- amp electrical service, 40 gallon gas hot water heater and gas hot water heater. The monthly rate is $700.00 currently leased until March 2020.

Additional Details

Nearest MSA: Trenton
County: Mercer
Zoning: BUSINESS B
Market Type: Rural
Retail Clientele: General
Property Located Between: Roebling Avenue
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Hamilton Avenue
Transportation: Bus
Highway Access: The property is located on Chestnut Avenue near the intersection of Roebling Avenue. It offers easy access to Routes 1, 29, and 129.
Site Description: The site has 49± feet of frontage on Chestnut Avenue and a depth of 100± feet. Depending on layout, the rear yard could be used as parking.
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Construction/Siding: Brick, Concrete
Heat Type: Hot Water
Heat Source: Baseboard, Radiant
Interior Description: Apartment 1 has a Living Room, Dining Room, Bedroom, Kitchen, Full Bath and a Storage Room. The monthly rate is $900.00 per month. Apartment 2 has a Living Room, 2 Bedrooms, Kitchen and Full Bath. The monthly rate is $950.00 per month. - Vacant
Zoning Description: Business-B (B): The district allows for the following uses among others: Retail & Personal Services, Shopping Areas It also includes all the uses in Business-A District. The complete zoning ordinance is available upon request
Lot Frontage: 49
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 53,651 162,630 287,378
Median Age: 31.89 36.18 38.07
Households: 16,702 59,711 105,036
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.