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Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 41,872 sqft
Price per Sqft $41
MLS Listing ID NJME303302
Sold Date 02/17/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $137,683
Tax Year 2020
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 0.00 x 0.00
Property Description
Opportunity for developer or Investor. Industrial property comes with tenant. Summit Gypsum (Tenant) occupies approx. 20,000 SF and is in year 1 of a 5 year lease. Approx 5000SF of vacant warehouse and approx. 25000SF of office are available. Industrial zoned property includes 600 Perry Street and 39 Escher Street. Total gross building SF: 54,442. In 600 Perry Street there is 26,029 SF of office and 13,032 of industrial warehouse space. In 39 Escher Street there is 12,759 SF of warehouse (occupied). The site has approximately 75-85 parking spaces, depending on how the lot is organized. The site is approximately 3.39 Acres and includes block 7601, lots 4 and 6. Property taxes are under appeal. Lot 4 is currently assessed at $2,487,500. Lot 6 is currently assessed at $441,800. Total annual property taxes currently estimated at $160,167/year for both lots together.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning IA (INDUSTRIAL)
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C, Multi Units
Heat Source Natural Gas
Exterior
Garage Spaces 113.0
Water Access N
Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls, 48\"+ Halls, Accessible Switches/Outlets, Doors - Lever Handle(s), Entry Slope <1', Level Entry - Main
Total Parking Spaces 113
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-07601-00004
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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