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49 N Main St 4,029 SF 100% Leased Retail Building Lambertville, NJ 08530 $849,999 ($210.97/SF) 5.09% Cap Rate



Investment Highlights
- Prime retail property on a high-traffic Main Street near Delaware River and New Hope, PA.
- Structural updates in 2021, including floors, walls, and roof.
- Located in a vibrant shopping and dining district with strong year-round tourist activity.
- Fully leased with a restaurant and laundromat as long-term tenants.
- Outdoor seating enhances restaurant appeal in peak seasons.
Executive Summary
Prime Commercial Opportunity in the Heart of Historic Lambertville! Unlock a rare investment right on the bustling main thoroughfare of one of New Jersey's premier river towns! 47-49 N Main Street interior of the Laundromat floors, interior walls and roof were rebuilt in 2021 and is a fully active, income-generating commercial property presenting an incredible opportunity for savvy investors or 1031-exchange buyers. Unlike vacant storefronts, this property features a diverse, recession-resistant tenant mix that draws consistent, heavy daily traffic from both the loyal local community and weekend tourists. Income producing laundromat with long-term tenant offers a steady, essential-service anchor tenant providing reliable, year-round foot traffic and consistent cash flow, along with a vibrant Mexican restaurant also with a long-term tenant. Premium indoor/outdoor seating provides a massive competitive advantage in downtown Lambertville! The property boasts highly coveted outdoor seating space, allowing the restaurant to capitalize on the area's vibrant, pedestrian-heavy spring, summer, and autumn seasons. Lambertville is widely celebrated as a premier destination for fine dining, antiquing, and boutique shopping. Located just steps from the scenic Delaware River and a short stroll across the bridge to New Hope, PA, this location benefits from a robust regional economy. The businesses and equipment are not included in the sale of this property. Great income producing property.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,029 SF
Building Class
B
Year Built/Renovated
1900/2021
Price
$849,999
Price Per SF
$210.97
Cap Rate
5.09%
NOI
$43,231
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Lot Size
0.10 AC
Zoning
CBD - Central Business District
Frontage
Amenities
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
49 N Main St
