$1,400,000
Exceptional redevelopment and investment opportunity! This former athletic association center offers tremendous potential for an event venue, community center, mixed-use redevelopment, or other approved commercial uses. Situated on a 125’ x 100’ building lot and being sold together with an adjoining 150’ x 100’ vacant lot, this unique package provides flexibility for future expansion or development.
The property features a spacious 25-foot ceiling gymnasium/banquet hall, a commercial kitchen, a 35-seat circular bar, multiple offices and meeting rooms on the first and second floors, 100- and 200-amp electrical service, and gas-fired heating and central air conditioning. Recent capital improvements include a new roof and new HVAC system, providing significant value to the next owner. Additionally, the gymnasium has been stripped to the studs, offering a clean slate for customization and renovation.
Located in an R-5 residential zone with an approved nonconforming commercial use, the property presents a rare opportunity to reimagine a landmark building. The building and adjoining vacant lot are being sold as a package only and are offered in as-is condition.
NJME2080312
MLS
⋅
ACTIVE
Status
411 Hobart Ave, Trenton
