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Excellent investment opportunity! This unique property offers a single-story, 9,600 +/- square-foot masonry building and an income-producing residential duplex. The warehouse's front section features a well-maintained office space, while the rear boasts spacious warehouse facilities with 14-foot ceilings. Additional amenities include a loading dock, a drive-through door (10 feet wide and 14 feet high), two restrooms, 220-volt electrical service, and 900 square feet of clean office space. The included duplex, located at 406-408 Berg Avenue, currently generates $28,200 annually, with potential to reach $39,000. Unit #1 of the warehouse spans approximately 5,000 square feet, renting for $38,400 per year with room to increase to $60,000. Unit #2 is a mechanics bay with long-term lease in place. Units #3 and #4 can be leased together at approximately 3,840 square feet, or separately at 1,920 square feet each can potentially be leased $2400 a year. The entire property is fenced and the warehouse is equipped with a security system. This is a rare find in a desirable location, offering a mix of residential and industrial income streams. Ideal for contractors, light manufacturers, or investors.
| DAYS ON MARKET | 55 | LAST UPDATED | 2/7/2025 |
|---|---|---|---|
| YEAR BUILT | 1935 | COMMUNITY | Hamilton Twp (21103) |
| COUNTY | MERCER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | HAMILTON TOWNSHIP |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Hamilton Twp (21103) |
| CONSTRUCTION | Block |
| HEAT | Natural Gas, Other |
| LOT | 9583 sq ft |
| LOT DIMENSIONS | 150.00 x 64.00 |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 10825 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Coldwell Banker Residential Brokerage - Princeton
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