47 Bridge St - Restaurant FOR SALE


Lambertville, NJ 08530
$2,125,000 USD
845-492-1315
47 Bridge St, Lambertville, NJ for Sale
$2,125,000 USD
Restaurant - FOR SALE
1/35
null | Request Cap Rate

47 Bridge St
Lambertville, NJ 08530


HIGHLIGHTS

  • Heavy Foot Traffic
  • Long Term Commercial Lease In Place
  • Low Vacancy
  • Recently Renovated

OVERVIEW

The hallmark of a small town is dependent upon iconic landmarks which have not only survived over time but have also evolved, and one such example is 47 Bridge St, located in the epicenter of downtown Lambertville, New Jersey. In 2023, this renowned building was lovingly purchased as a "labor of love", to rejuvenate and preserve the meaningful legacy it has provided the community dating back to 1838. With TREMENDOUS property improvements exceeding over one million dollars, the building is currently home to a beloved luncheonette on the ground level and four residential apartments spanning the second and third levels. (A cohesive list of all of the Seller improvements is provided in the documents section. ) Fully leased and entirely turnkey, 47 Bridge St presents as an intelligent addition to an investor's portfolio. With exceptional visibility & walkability to the neighboring river-town of New Hope, PA, securing a property of this caliber, in this location, is a rarity.

FOR SALE DETAILS

PRICE

$2,125,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1838

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,962 SF

ZONING

CBD

APN/PARCEL ID

17-01042-0000-00023

ASK ABOUT THIS PROPERTY

Revi HavivAddison Wolfe Real EstateMore Info
845-492-1315

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Revi HavivAddison Wolfe Real EstateMore Info
845-492-1315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.