Sold

25 S Montgomery St

Trenton NJ, 08608

$1,200,000


$12.50 per sqft

Sold

96,000 sqft

Commercial

Built in 1957

This 96,000 SF, 7-story office building overlooks historic Mill Hill Park in Trenton, NJ. The property includes 40 car basement level parking. The property is currently vacant and requires updating to current market standards. Suited for single or multi-tenant occupancy, the location is a quick walk from Trenton Transit Center and is accessible to Interstate system 195/95/295. Also offered for sale with this property are 137 East State Street, a 7-story former department store building with existing retail tenant, and 116-128 East Hanover Street, a 1 acre development site/parking lot. Eligible for redevelopment and job creation tax incentives through the NJEDA and the Federal Opportunity Zone Program. Also eligible for benefits through SBA HubZone Program. Great proximity to major thoroughfares and public transportation; as well as State House and government offices, and restaurant and shopping districts.

1000262597

MLS ID

March 15, 2024

Updated

Map

25 S Montgomery St
Trenton NJ, 08608

Other Property Details

Area Name

TRENTON CITY


Taxes

$72,164


Tax Frequency

Annually


Days on Market

1661


Garage

No


View

No


County

MERCER


Pool

No


Buyer Agency Compensation

3%

Listed by Anne LaBate, with Segal LaBate Commercial Real Estate
Listing Contact: 6093947557 

The IDX display contains information sourced from the Bright MLS, Inc. as of 3/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 3/15/2024 at 9:21 PM UTC

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