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576 E State St
Trenton, NJ 08609
Lee Coverall Building · Industrial Property For Sale

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INVESTMENT HIGHLIGHTS

  • Warehouse or Industrial Loft, Residential Conversion located across from Trenton Train Station

EXECUTIVE SUMMARY

80,000 SF 7-Story Industrial Building on .75 AC-Market rate 84 residential apartment conversion
Warehouse, Loft, Residential Conversion, Redvelopment Zone Urban enterprise Zone .Opportunity Zone.
Former Lee Coveralls Building
6 Full Stories above ground, finished basement
3 Loading Docks off Rear of Building
11’ Clear Ceilings
1 Operational Elevator
Taxes: $138,596
11,500 SF per Floor with 1 Bathroom on each
Zoning: Business B (BB) Zone
Located just down the street from Trenton Transit Center; Access to Routes 1, 206, I-295
Built 1920
Sprinkler Wet dry and delayed in areas where computers are
Property falls into 500 years flood prediction area

PROPERTY FACTS

Sale Type Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Telecom Hotel Data Hosting
Building Class C
Lot Size 0.75 AC
Rentable Building Area 80,000 SF
No. Stories 7
Year Built/Renovated 1920/2010
Clear Ceiling Height 11’
No. Dock-High Doors/Loading 3
Opportunity Zone Yes
Zoning Redevelopment - Redevelopment zone permits market rate apartments, Transit Area ,Opportunity Zone, Urban Enterprise Zone

AMENITIES

  • Bus Line
  • Commuter Rail

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City Water
  • Sewer - City Sewer
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-01301-0000-00003
Land Assessment
$249,700
Improvements Assessment
$2,150,300
Total Assessment
$2,400,000
  • Listing ID: 22597886

  • Date on Market: 3/30/2021

  • Last Updated:

  • Address: 576 E State St, Trenton, NJ 08609

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