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204 N UNION STREET, LAMBERTVILLE, NJ 08530

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Listing Type
Commercial/Industrial
Listing Status
active
84
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$6,500,000

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Home Details for 204 N UNION STREET
Price
$6,500,000
Type
Commercial/Industrial
Year Build
1880
Lot Size
1.73
County
HUNTERDON
MLS®️ Listing#
NJHT2003316
On exitrealty.com
329 days
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
Listing Courtesy: River Valley Realty, LLC - 609-397-3007
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-01-08 08:00:45
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EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
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$6,500,000

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EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
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