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49 N Main St 4,029 SF 100% Leased Retail Building Lambertville, NJ 08530 $1,207,177 CAD ($299.62 CAD/SF) 5.09% Cap Rate



Investment Highlights
- Laundromat floors, Interior walls and roof were rebuilt in 2021.
- Year-round foot traffic
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.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$86,582
|
$21.49
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$86,582
|
$21.49
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$25,185
|
$6.25
|
| Net Operating Income |
$61,397
|
$15.24
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $86,582 |
| Annual Per SF | $21.49 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $86,582 |
| Annual Per SF | $21.49 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $25,185 |
| Annual Per SF | $6.25 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $61,397 |
| Annual Per SF | $15.24 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
4,029 SF
Year Built/Renovated
1900/2021
Price
$1,207,177 CAD
Price Per SF
$299.62 CAD
Cap Rate
5.09%
NOI
$61,397 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
CBD
Frontage
76’ on N. Main Street
Amenities
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-01032-0000-00009 | Improvements Assessment | $299,664 CAD (2026) |
| Land Assessment | $628,159 CAD (2026) | Total Assessment | $927,823 CAD (2026) |
Property Taxes
Parcel Number
17-01032-0000-00009
Land Assessment
$628,159 CAD (2026)
Improvements Assessment
$299,664 CAD (2026)
Total Assessment
$927,823 CAD (2026)
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49 N Main St
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