8 Union StLambertville, NJ 08530

For Sale
$1,850,000

Prime Location, Restaurant & Lofts

Overview

Added:
Feb 3
Days on market:
40
This exceptional Lambertville, NJ property at 8 N Union Street presents a rare investment opportunity. The building, extensively renovated in 2017 and situated outside of any flood zone, boasts a highly visible location just off the Bridge Street intersection, placing it at the heart of local events like Shad Fest and the Pride Parade. The ground floor is occupied by The Broadmoor Restaurant, a popular BYOB establishment with approved seating for 48 patrons. The restaurant's well-equipped kitchen includes two main gas ovens, a hood system, and an 8x8 walk-in refrigerator, all included in the sale. The basement offers substantial storage, prep space, a half-bath, a utility area, and a separate trash room with a mop sink. Above the restaurant, four artist lofts provide income-generating rental units. These lofts are highly sought after by local artisans, featuring crisp white walls and attractive blonde wood floors. A shared common area includes a restroom with a slop sink and a pantry. Each floor enjoys separate entrances and utilities. The property sits on a 0.03-acre lot and is priced at $1,850,000. This unique blend of commercial and residential space offers significant potential for a savvy investor. Don't miss this chance to own a piece of Lambertville's vibrant downtown.

Property Details for 8 Union St

Property type
Other commercial real estate
Year Built
1900
Lot Size (sq. ft)
1,307 SF

Location Insight

City
Lambertville
County
HUNTERDON
State
New Jersey
Latitude
40.36609
Longitude
-74.94478
8 Union St, Lambertville, New Jersey

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8 Union St
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