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Downtown Storefront Property

10 CORYELL STREET, Lambertville, NJ 08530

For Sale
Contact for pricing

Downtown commercial setting with prominent display windows, natural light, and substantial storage capacity.

Property Size4,203 SF
Price / SF$0.95
Days on Market49

Property Features for 10 CORYELL STREET

General Information

Standard status Active
Size 4,203 SF
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: RIVERSIDE REALTY PARTNERS LLC
Listed By: Marie E Higgins · License #0673902
Source: Cummingsrealtors
Added: Sep 21 Changed: Nov 6 Last Checked: Nov 8 at 7:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIVERSIDE REALTY PARTNERS LLC

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Investment Insights

Based on property information with market context.

This storefront property comprises 4,203 square feet and dates to 1900. The building features expansive display windows that bring natural light into the space, along with a very large storage area for inventory or operational needs.

The property is located at 10 Coryell Street in Lambertville, New Jersey, within the downtown commercial district. Its setting is steps from the canal towpath, providing proximity to a recreational route and the surrounding historic town center.

Key Highlights

  • 4,203‑square‑foot storefront property
  • Built in 1900
  • Located in Lambertville’s downtown commercial district

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,589
Suggested Prices Based on Cap Rates
Cap Rate 5%
$891,780 $891.8K
Cap Rate 7%
$636,986 $637.0K
Cap Rate 9%
$495,433 $495.4K
Market Conditions
NOI Build-Up for 4,203 SF
Gross rent
$75.7K $18.00/SF
− Vacancy
−$4.3K −$1.03/SF
EGI
$71.3K $16.97/SF
− OpEx
−$26.8K −$6.37/SF
NOI
$44.6K $10.61/SF
Area
Hunterdon County, NJ
Vacancy
5.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$891,780
Cap Rate 7%
$636,986
Cap Rate 9%
$495,433

Alternative Uses

Best Use
Retail
$857.0K
$749.9K – $999.9K (±1% cap)
NOI $59,991 @ 7.0% cap · market cap 1,499.78%
Second Best
Mixed Use
$637.0K
$557.4K – $743.2K (±1% cap)
NOI $44,589 @ 7.0% cap · market cap 1,114.73%
Theoretical Best
Office A
$1.10M
$960.3K – $1.28M (±1% cap)
NOI $76,824 @ 7.0% cap · market cap 1,920.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Computer & Electronic Repair Daycare Center Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,349
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Dining 32%
Exxon Shops & Services
5,323 visits/mo 0.2 miles
Dunkin' Donuts Dining
3,936 visits/mo 0.4 miles
Sunoco Shops & Services
3,127 visits/mo 0.2 miles

Demographics for 08530, NJ

7,832
Population
3,816
Households
2.1
Avg Household Size
49
Median Age
58%
College-Educated
93%
High-School Grad
27.1 sq mi
ZIP Area
289
Density / Sq Mi
$121,667
Median Household Income
$76,835
Median Earnings
$1,641
Median Rent
$554,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Lambertville Fine Food & Flowers — 76 Bridge St, Lambertville, NJ 08530
  • Scarlet Begonias, A Floral Experience — 36 Perry St, Lambertville, NJ 08530

Frequently Asked Questions

What type of property is this?
Storefront property - Downtown commercial setting with prominent display windows, natural light, and substantial storage capacity.
Where is this storefront property located?
The property is located at 10 CORYELL STREET Lambertville, NJ.
What are key features of this property?
This property features: 4,203‑square‑foot storefront property; Built in 1900; Located in Lambertville’s downtown commercial district
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