192 S Broad St 5 Unit Apartment Building $795,000 ($159,000/Unit) 6.40% Cap Rate Trenton, NJ 08608

Turn-key restaurant, Courthouse Cafe and Catering, and 4 fully leased apartments above. Sale includes all restaurant equipment. Restaurant features kitchen behind the counter and additional kitchen at the rear for prep and catering. Owner and operated by the same family since 2006. 138 new apartments being constructed on the next block. Opportunity for owner-operator to operate a profitable business and save on housing by living above the restaurant. NJEDA Main Street Acquisition grant can provide $50,000 toward closing costs for owner occupant and City of Trenton UEZ program can provide a $40,000 loan that is forgivable if the owner stays operational for 5 years. Upstairs features two one bedroom apartments and two studio apartments. Property is fully licensed and inspected. Restaurant has an active catering business and current owner is willing to provide training and customer contact list to new buyer. Restaurant features new HVAC system. Plenty of storage space in the basement of the restaurant. Located adjacent to the Mill Hill Historic district. Easy access from Routes 1, 29, 129, 206, 195, 31, and 33. 10 minute walk from the Trenton Transit Center.