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    53 Union St Lambertville, NJ 08530

    For Sale
    Contact for pricing

    Thriving downtown Lambertville retail space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional retail space, located at 53 N Union Street Unit A in Lambertville, NJ, presents a remarkable opportunity for entrepreneurs seeking a vibrant and established business environment. Situated in the heart of Lambertville's central business district, this property benefits from high foot traffic and exceptional visibility on a bustling street. The surrounding area is characterized by a diverse mix of charming boutiques, art galleries, and popular restaurants, creating a lively and attractive atmosphere for both residents and tourists. The unit itself offers a unique layout and impressive high ceilings, providing considerable flexibility for a range of retail concepts. Large windows flood the space with natural light, enhancing its appeal and showcasing merchandise effectively. The 0.04-acre lot provides convenient access. This property is ideal for businesses seeking a prominent location in a thriving community known for its rich history and artistic character. The space is perfect for various retail uses, excluding food service or restaurants. Don't miss this chance to establish your business in this desirable and dynamic location. The property is available for immediate occupancy.

    Property Features for 53 Union St

    General Information

    Property type
    Retail properties
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1850
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lambertville
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.94568
    Latitude
    40.36761

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    FAQs

    What type of property is this?
    Retail property - Thriving downtown Lambertville retail space.
    Where is this retail property located?
    The property is located at 53 Union St Lambertville, NJ.
    (609) 397-3007
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    53 Union St Lambertville, NJ 08530
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    Lambertville, NJ 08530
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    53 Union St Lambertville, NJ 08530
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