Property Attributes
- MLS#NJHT2002460
- TypePending
- CountyHUNTERDON
- CityLambertville
- AreaLambertville City
- Zip08530
- Style
- Year Built1910
- Taxes$ 11729
- Price$ 995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2970
- Lot Size871 SqFt
Data Source:
Bright MLS
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!
Price History | |
---|---|
11/17/2023 | Listed $995,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central,Radiator |
Cooling | Central A/C |
Possession | 31-60 Days CD |
Roof | Asphalt |
Zoning | CBD |
Construction Materials | Brick |
Exclusions | All Kitchen Equipment is Excluded. |
Year Built | 1910 |
Property SubType | Mixed Use |
Tax Year | 2021 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Gross Income | 61000.00 |
Business Type | Other |
Accessibility | 36 + wide Halls |
County | HUNTERDON |
Net Operating Income | 45807.00 |
Operating Expense | 15193.00 |
Insurance Expense | 3000.00 |
New Construction | No |
Property Type | Commercial Sale |
Possible Use | Mixed Use |
Water Access Y/N | No |
Status | PENDING |
Directions | From Bridge St,go North onto Union St.,property is on the left. |
ModificationTimestamp | 2024-05-17T15:13:04 |
City | LAMBERTVILLE |
Buyer Agent Compensation | 2.5 |
MLS Area | Lambertville City (21017) |
Lot Size Square Feet | 706.00 |
Tax Assessed Value | 517200.0 |
Waterfront Y/N | No |
Street Name | UNION |
Tax Annual Amount | 11729.0 |
Electric Expense | 0.00 |
Fuel Expense | 0.00 |
Property Condition | Very Good |
Trash Expense | 0.00 |
Price Per Sq Ft Total | 335.02 |
Vacation Rental Y/N | No |
Virtual Tour | https://www.wellcomemat.com/mls/k1m47f2ee1d1lg0r |
Days on Market | 84 |
Standard Status | Pending |
Year Built Source | Assessor |
Tax Lot | 00014 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Hot Water | Natural Gas |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | Yes |
Total Restrooms | 2 |
Exterior Features
Parking Features | Private |
---|---|
Water Source | Public |
Inclusions | Stove Hood and Walk-in Fridge. Washer & Dryer. Wardrobe in Apartment Bathroom. Includes a custom sign on the post at the corner of Bridge & N Union Streets. |
Total Parking Spaces | 2 |
Type of Parking | Driveway |
Foundation Details | Stone |
Water View Y/N | No |
Building Area Total | 2970.00 |
Lot Dimensions | 22.00 x 32.00 |
Lot Size Acres | 0.02 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 341000.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Car Parking Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool