77 S Union St - Restaurant FOR SALE


Lambertville, NJ 08530
$1,500,000 USD
609-924-1600
77 S Union St, Lambertville, NJ for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/32
null | Request Cap Rate

77 S Union St
Lambertville, NJ 08530


HIGHLIGHTS

  • Freestanding retail building situated on a corner lot in a residential area, offering strong visibility and accessibility.
  • Approximately 8,844 square feet of single-story space with a flexible layout suitable for various commercial uses.
  • Located in Lambertville, a vibrant community with nearby residential neighborhoods and convenient access to local amenities.
  • Positioned on a 0.21-acre lot with possible subdivision potential, offering future development flexibility.

OVERVIEW

Prime mixed-use/investment property in the heart of downtown Lambertville on the corner of Union & Mt. Hope St, directly across from a park and steps to the Inn of the Hawk. This 8,844 SF building offers 6 separate rental units with strong income potential. Features include 5 oversized 12’ high overhead garage doors, approx. 13’ ceiling height, and separately metered gas and electric for each unit. Current tenants include a fitness studio and hair salon. Excellent walkability to Lambertville Station, shops, restaurants, and galleries. Property overlooks the Delaware & Raritan Canal and walking path, adding to its appeal. Zoned R-2 with pre-existing non-conforming commercial use (formerly restaurant), offering potential redevelopment opportunity for townhomes or condos (buyer to verify). On-street parking plus public lot across the street (approx. 18 spaces). Rare opportunity in a vibrant business district.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

77 S Union St

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

undefined, Convenience Store, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,935 SF

ZONING

R2

APN/PARCEL ID

17-01052-0000-00012

ASK ABOUT THIS PROPERTY

Rocco D'ArmientoBerkshire Hathaway Fox and RoachMore Info
609-924-1600

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Rocco D'ArmientoBerkshire Hathaway Fox and RoachMore Info
609-924-1600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.