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714-716 S Clinton Ave
Trenton, NJ 08611
SPECIAL OPPORTUNITY RETAIL/OFFICES/STUDIOS · Property For Lease
Property Overview
The IN & OUT CLUB offers unique creative work spaces/studios + a store. High visibility in an up and coming area of Trenton with major redevelopment investment. Completely renovated in 1987 with new electric, plumbing and heating and well maintained. On site parking with front and rear entrances for 6-7 cars plus street parking. Garden with eating area. Also for sale at $195,000. Zoning approval is in place for conversion of the 2nd & 3rd floors to unique two-bedroom apartments. See attached schematics. The property is listed on the N.J. and National Registers (which don't restrict an owner's use of or changes to its property in any way), and is therefore eligible for Historic Investment Tax Credits to private owners for a substantial rehabilitation (https://www.nps.gov/tps/tax-incentives.htm); and for potential NON-PROFIT owners, it is eligible for historic preservation grants from the N.J. Historic Trust's matching grant programs for analysis and planning for repairs, restoration, and upgrades and also for capital projects for such preservation work (http://www.njht.org/dca/njht/applguid/index.html). Well located by the ROEBLING MARKET and the ROEBLING MACHINE SHOP (site of Trenton's Art All Night & Trenton Punk Rock Flea Market events), the new ROEBLING LOFTS apartments, and County/ State/Social Security Offices and TRENTON RIVER LINE STATION. Five blocks to NJ ROUTE 129 and the MERCER COUNTY/CURE INSURANCE ARENA, Ten blocks to ROUTE 1 and the TRENTON AMTRAK/NJ TRANSIT/ RIVER LINE transportation hub. Broker commissions for leases are negotiable.
Property Facts
