5 N Union St, Lambertville, Nj

$995,000

Price

$45,807

NOI

2,970 sqft

Building Size

Overview
NOI
$45,807
Building Size
2,970 sqft
Year Built
1910
Price Per Sqft
$335.02
Zoning
CBD
Roof
Asphalt
Description

Seize this rare opportunity to own a prime piece of real estate in the heart of the charming and historic town of Lambertville, in one of the most coveted and visible locations in town! This exceptional property offers a combination of commercial and residential spaces, making it ideal for entrepreneurs and investors alike. The commercial space, which has been home to a highly successful deli for many years, features an open-concept design that is perfect for a variety of business ventures. It also includes a restroom and a basement with a large commercial walk-in refrigerator. An added bonus is the option to lease parking spaces in front of the building for outdoor dining. The sun-filled, two level apartment, with hardwood flooring throughout and three bedrooms, a dining room, living room, kitchen, laundry, a bathroom, and a top floor attic could be rented or be a place to live while building your business. There are also two convenient off-street parking spaces located at the back. This property is not only situated in a highly visible area of Lambertville, ensuring a constant flow of foot traffic, but it also offers the flexibility of diverse income streams. It really is the perfect package with incredible potential for anyone looking to make their mark in Lambertville!

Highlights
  • Days on Market: 84
  • Parking Features: Private
  • Heating: Central, Radiator

Location
Gallery