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45 N Union St 7,270 SF 90% Leased Retail Building Lambertville, NJ 08530 $1,750,900 ($240.84/SF)
Investment Highlights
- Located in Lambertville Central Business District
- Rare private driveway
- Two expansive ground-floor commercial spaces, four residential apartments above
Executive Summary
Unique Opportunity! This prominent 7,200 sq. ft. +/- corner property offers exceptional versatility, featuring two expansive ground-floor commercial spaces, four residential apartments above, and a rare private driveway. Ideally positioned at the corner of Coryell Street and North Union Street, this three-story brick building sits in one of the most desirable locations in town. Be part of the Lambertville Coryell Street Renaissance. The apartments boast high ceilings and oversized windows with views overlooking North Union Street, offering excellent natural light and strong rental appeal. Maintain the residences in their current configuration or reimagine them as stylish loft-style apartments. The street-level commercial spaces enjoy excellent visibility with large storefront windows, making them ideal for retail or professional uses. Note: Real estate only for sale, not businesses. Square footage obtained thru tax records.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,270 SF
Building Class
C
Year Built
1890
Price
$1,750,900
Price Per SF
$240.84
Percent Leased
90%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.31
Lot Size
0.13 AC
Zoning
CBD - Central Business District
Frontage
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-01030-0000-00008 | Improvements Assessment | $492,000 |
| Land Assessment | $412,300 | Total Assessment | $904,300 |
Property Taxes
Parcel Number
17-01030-0000-00008
Land Assessment
$412,300
Improvements Assessment
$492,000
Total Assessment
$904,300
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45 N Union St
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