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    108 Union St Lambertville, NJ 08530

    For Sale
    $1,795,000

    10,000 SF, High Ceilings, Prime Location

    Property size:
    10,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 108 N Union Street in the vibrant heart of Lambertville, NJ, presents a unique investment opportunity. The substantial 10,000 square foot building sits on a desirable 0.13-acre corner lot, offering excellent visibility and accessibility. The first floor boasts remarkable versatility. Its expansive layout can easily accommodate a single large open space, or be readily divided into numerous smaller units using existing interior partitions. A fully equipped commercial kitchen and two bathrooms add to the property's functionality. Upstairs, the second floor features a dramatic open floor plan with soaring high ceilings and a spacious mezzanine, providing ample room for various uses. Abundant storage space is available throughout the building, complemented by a unique feature: a large, built-in vintage organ. This property's prime location, combined with its flexible layout and substantial size, makes it ideal for a wide range of commercial ventures. The asking price is $1,795,000. Don't miss this chance to acquire a landmark Lambertville property with significant potential. Serious inquiries only.

    Property Features for 108 Union St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,000 SF
    Lot Size
    5,663 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lambertville
    County
    HUNTERDON
    State
    New Jersey
    Longitude
    -74.94595
    Latitude
    40.3698

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    FAQs

    What type of property is this?
    Commercial real estate - 10,000 SF, High Ceilings, Prime Location
    Where is this commercial real estate located?
    The property is located at 108 Union St Lambertville, NJ.
    What is the asking price?
    The asking price for this property is $1,795,000.
    (856) 321-1212
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    108 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
    108 Union St Lambertville, NJ 08530
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