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558 W Ingham Ave
Ewing Township, NJ 08638 Outer Trenton/Hamilton/Ewing

$8,500,000 USD

Self Storage For Sale  •  49,642 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 49,642 SF
  • Lot Size 1.05 AC
  • Building Class B
  • Year Built 1920
  • Zoning IP-3
42 Transit Score
70 Walk Score

Highlights

Recent conversion opened in mid-2023 • Densely populated area: 152,541 in 3-Miles • Value Add – Store rents are $10/SF below stabilized market rents
22,328 SF expansion opportunity on 3rd Floor and Lower Level • Cell Tower Income • Underserved market with strong demand for self-storage: 3.39 SF/Cap
High percentage of renter occupied housing: 54% • Located 1.5 miles from Trenton, NJ city center • 34 Miles to Philadelphia | 70 Miles to NYC
Owner Renovation includes all new roof, HVAC, elevator, dock, ramps, walkways, leasing office, windows, doors, exterior skin/façade, parking lot
Owner has installed a new state-of-the-art Fully Sprinklered Fire Suppression and Life Safety Recall System • New electrical systems thru out
70% of the 3-mile submarket square footage is REIT owned • 100% Climate Control facility

Property Flyers

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Trenton Transit Center (Trenton Line - SEPTA) 5 min - 1.8 mi
Trenton Transit Center (Njt) (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), R7 - NJ Transit Commuter Rail (NJ Transit), River LINE - NJ Transit Commuter Rail (NJ Transit)) 6 min - 2.3 mi
AirportDriveWalkDistance
Trenton Mercer 11 min - 4.9 mi
Thomas Gustafson 216-239-5071 Colliers
Thomas Gustafson 216-239-5071 Colliers