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    19 Union St Lambertville, NJ 08530

    For Sale
    $799,000

    Turn-key Ice Cream Shop, High Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional Lambertville, NJ retail property, located at 19 N Union, presents a unique investment opportunity. Priced at $799,000, this 0.05-acre site currently operates as a thriving ice cream shop, offering a fully equipped and operational kitchen, ready for immediate use. The existing business boasts a charming seasonal courtyard accessible via sliders, ideal for outdoor seating and enhancing the customer experience. This turnkey operation is perfect for a seasoned restaurateur seeking an established business or an entrepreneur looking to capitalize on a highly desirable location within Lambertville's vibrant culinary scene. The property's prime location ensures high visibility and foot traffic, contributing to its strong potential for continued success. The existing infrastructure minimizes upfront investment, allowing for a smooth transition and immediate revenue generation. This is a rare chance to acquire a piece of Lambertville's commercial landscape and establish a thriving business in a sought-after area. The property's versatility allows for various uses, making it an attractive option for a range of entrepreneurial ventures. Don't miss this opportunity to own a piece of Lambertville's history and shape its future.

    Property Features for 19 Union St

    General Information

    Property type
    Retail properties
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Accounting Firm 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
    -74.94522
    Latitude
    40.3663

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    FAQs

    What type of property is this?
    Retail property - Turn-key Ice Cream Shop, High Potential
    Where is this retail property located?
    The property is located at 19 Union St Lambertville, NJ.
    What is the asking price?
    The asking price for this property is $799,000.
    (609) 397-7900
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    19 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
    19 Union St Lambertville, NJ 08530
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