NJ
HUNTERDON
LAMBERTVILLE
08530
204 N UNION STREET
204 N UNION STREET, LAMBERTVILLE, NJ 08530
Listing Type
Commercial/Industrial
Listing Status
active
84
$6,500,000

Home Details for 204 N UNION STREET

Price
$6,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1880
Lot size acres
1.73
County
HUNTERDON
Garage
Days on site
158
MLS Listing#
NJHT2003316
Listing Courtesy: River Valley Realty, LLC - 609-397-3007
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.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Other
    • Ductless
    • Electric
  • Heating Information
    • Electric
    • Natural Gas
    • Other
    • Heat Pump
  • Parking
    • Electric Vehicle Charging Station(s)
    • Private
    • Parking Lot
  • Water Features
    • Public
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Last Updated: 2025-01-08 08:00:45
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EXIT REALTY JP ROTHERMEL
5 Wilkins Station Rd, Medford, NJ 08055
Office
609 714 3948
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