5 N Union Street, Lambertville, NJ 08530

$905,000

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Sold Price
$905,000
List Price
$995,000
Closing Date
Jul 23, 2024
Days on Market
84
Status
CLOSED
MLS#
NJHT2002460
Lot Size (Acres)
0.02
Year Built
1910
County
Hunterdon
School District
South Hunterdon Regional

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!

Additional Information

Area
Lambertville City (21017)
Taxes
$11729
School District
South Hunterdon Regional
Elementary School
Lambertville Public School
Middle School
South Hunterdon Regional M.S.
High School
South Hunterdon Regional H.S.
Heating
Central, Radiator
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Asphalt
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of Callaway Henderson Sotheby's Int'l-Lambertville, Contact:

Listing courtesy of Callaway Henderson Sotheby's Int'l-Lambertville. Contact:

Selling Office: .