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Lambertville,NJ 08530
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 28,224 sqft
Price per Sqft $230
MLS Listing ID NJHT2003316
Year Built 1880
Tax Year 2021
Lot Size 1.730 Acres
Property Description
A former factory has been thoughtfully converted into beautiful retail/commercial spaces with great foot traffic and a myriad of unique businesses. This fantastic commercial building in a vibrant neighborhood of historic Lambertville offers a great investment opportunity while generating $400,000 of annual net income. With 28,224 +/- square feet on a 1.73 acre lot, 8 business units, 70 parking spaces (3 accessible) and 2 EV charging units, this incredible multi-unit building is fully rented with great market rate leases and an excellent rental history. Located in the neighborhood known by locals as NOLA (North End of Lambertville), the building is home to a variety of businesses from artists, to a Buddhist Meditation Center, a popular dispensary, architecture and design firms, and has a net income of $400,000/year. This impressive converted building is in great condition with high ceilings, newer HVAC, solar panels on the roof, wonderful landscaping and plenty of parking and is a rare find in the little City of Lambertville. Ideally located close to commercial areas, near the towpath, and just across the river from New Hope PA, the possibilities are endless. Come take a closer look at this unique business opportunity in a thriving river town.
Location
State NJ
County Hunterdon
Area Lambertville City (21017)
Zoning COM
Interior
Hot Water Other
Heating Heat Pump(s),Other
Cooling Ceiling Fan(s),Ductless/Mini-Split,Other
Exterior
Garage Spaces 70.0
Waterfront N
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District South Hunterdon Regional
Others
Special Listing Condition Standard