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77 S Union St 77 S Union St 8,844 SF 20% Leased Retail Building Lambertville, NJ 08530 $2,086,935 CAD ($235.97 CAD/SF)
Investment Highlights
- Freestanding retail building situated on a corner lot in a residential area, offering strong visibility and accessibility.
- Located in Lambertville, a vibrant community with nearby residential neighborhoods and convenient access to local amenities.
- Approximately 8,844 square feet of single-story space with a flexible layout suitable for various commercial uses.
- Positioned on a 0.21-acre lot with possible subdivision potential, offering future development flexibility.
Executive Summary
This freestanding retail property at 77 S Union Street offers a unique opportunity in the heart of Lambertville, NJ. Spanning approximately 8,844 square feet on a 0.21-acre lot, the building features a single-story layout with four drive-in doors and a 13-foot ceiling height, providing flexibility for a variety of commercial uses. Constructed with wood framing and vinyl siding, the property includes multiple heating units, natural gas service, and window A/C systems for efficient climate control.
The site benefits from public water and sewer connections, as well as access to electric, cable TV, and internet services, ensuring modern operational capabilities. Positioned on a corner lot within a residential area, the property offers strong visibility and accessibility for both local and regional traffic. Its R-2 zoning and possible subdivision potential add long-term value for investors seeking redevelopment or adaptive reuse opportunities.
Located in Lambertville, a vibrant community known for its historic charm and thriving business environment, the property is within proximity to major roadways and regional destinations, making it an attractive investment for retail operators or developers.
The site benefits from public water and sewer connections, as well as access to electric, cable TV, and internet services, ensuring modern operational capabilities. Positioned on a corner lot within a residential area, the property offers strong visibility and accessibility for both local and regional traffic. Its R-2 zoning and possible subdivision potential add long-term value for investors seeking redevelopment or adaptive reuse opportunities.
Located in Lambertville, a vibrant community known for its historic charm and thriving business environment, the property is within proximity to major roadways and regional destinations, making it an attractive investment for retail operators or developers.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
8,844 SF
Building Class
B
Year Built
1980
Price
$2,086,935 CAD
Price Per SF
$235.97 CAD
Percent Leased
20%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.23 AC
Zoning
R2 - The property is zoned R-2 (Residential District), which generally allows residential uses and may permit limited commercial activity by variance.
Frontage
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 34
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77 S Union St | 77 S Union St
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