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5 N UNION ST Lambertville, NJ 08530
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Key Details
Sold Price $905,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $304
MLS Listing ID NJHT2002460
Sold Date 07/23/24
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $11,729
Tax Year 2021
Lot Size 706 Sqft
Acres 0.02
Lot Dimensions 22.00 x 32.00
Property 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!
Location
State NJ
County Hunterdon
Area Lambertville City (21017)
Zoning CBD
Interior
Hot Water Natural Gas
Heating Central, Radiator
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Asphalt
Accessibility 36\"+ wide Halls
Total Parking Spaces 2
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Lambertville Public School
Middle Schools South Hunterdon Regional M.S.
High Schools South Hunterdon Regional H.S.
School District South Hunterdon Regional
Others
Tax ID 17-01035-00014
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with NON MEMBER • Non Subscribing Office