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$ 1,500,000
Est. payment | /mo
8,844 SqFt
$ 1,500,000
Est. payment | /mo
8,844 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,844 sqft
Price per Sqft $169
MLS Listing ID 4018687
Year Built 1980
Annual Tax Amount $16,395
Tax Year 2025
Lot Size 9,147 Sqft
Property Description
Prime mixed-use/investment property in the heart of downtown Lambertville on the corner of Union & Mt. Hope St, directly across from a park and steps to the Inn of the Hawk. This 8,844 SF building offers 6 separate rental units with strong income potential. Features include 5 oversized 12? high overhead garage doors, approx. 13? ceiling height, and separately metered gas and electric for each unit.Current tenants include a fitness studio and hair salon. Excellent walkability to Lambertville Station, shops, restaurants, and galleries. Property overlooks the Delaware & Raritan Canal and walking path, adding to its appeal.Zoned R-2 with pre-existing non-conforming commercial use (formerly restaurant), offering potential redevelopment opportunity for townhomes or condos (buyer to verify).On-street parking plus public lot across the street (approx. 18 spaces). Rare opportunity in a vibrant business district.
Location
State NJ
County Hunterdon
Zoning R-2
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Flooring Concrete
Equipment Restrooms - Private, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Lot Description Possible Subdivision
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by BHHS FOX & ROACH
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