6-8 N Union St - Restaurant FOR SALE


Lambertville, NJ 08530
$1,850,000 USD
609-397-8000
6-8 N Union St, Lambertville, NJ for Sale
$1,850,000 USD
Restaurant - FOR SALE
1/46
null | Request Cap Rate

6-8 N Union St
Lambertville, NJ 08530


HIGHLIGHTS

  • Highly visible location near the intersection of Bridge and North Union Streets not in a flood zone
  • Excellent income potential with beautifully presented spaces
  • Prime Real Estate Investment: Established Restaurant and Artist Lofts

OVERVIEW

8 North Union Street houses one of Lambertville's most popular restaurants, along with four artist lofts above, loved by local artisans for crisp white walls to display artwork and beachy blonde floors. The common area includes a shared half bathroom with a slop sink and a pantry for storing and serving coffee and snacks. The Broadmoor Restaurant is the first floor tenant with an established clientele. This BYOB restaurant has approved seating for 48. The kitchen fit-out includes 2 main gas ovens with a hood system, sinks, and an 8 x 8 walk-in refrigerator in the basement. The tiled basement has ample space for storage, prep, a half bath, and a utility area. Included is a separate trash room with a mop sink. Each floor has separate entrances and utilities. This is a highly visible location right around the block from the Bridge Street intersection and close to the sister town of New Hope, PA. An incredibly rare investment opportunity, the building is not in a flood zone. Restaurant is also for sale separately for $400,000.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$634 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Broadmoor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,246 SF

ZONING

CBD

APN/PARCEL ID

17-01039-0000-00003,17-01039-0000-00005

ASK ABOUT THIS PROPERTY

Beth SteffanelliCallaway Henderson Sotheby's InternationalMore Info
609-397-8000

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Beth SteffanelliCallaway Henderson Sotheby's InternationalMore Info
609-397-8000

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