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Lambertville Mixed-Use Investment Opportunity
For Sale
$999,000

77 S Union St, Lambertville, NJ 08530

Mixed-use property in downtown Lambertville with redevelopment potential.

Property Size8,844 SF
Price / SF$112.96
Days on Market126

Property Features for 77 S Union St

General Information

Standard status Active
Size 8,844 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $16,395

Amenities

Central air
4+ Units Heating
Flat Roof
Floor/Wall Heater Heating
On-Street Parking
Possible Subdivision
Wall A/C Unit(s) Cooling

Building Details

Year Built 1980
Listing Agency: BHHS FOX & ROACH
Listed By: ROCCO DARMIENTO · License #560482
Source: Corcoran
Added: Apr 6 Changed: Aug 8 Last Checked: Aug 8 at 5:46AM

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 BHHS FOX & ROACH

Investment Insights

Based on property information with market context.

Located in the heart of downtown Lambertville, this mixed-use investment property is situated on the corner of Union Mt. Hope St, directly across from a park and steps from the Inn of the Hawk. The 8,844 SF building features 6 separate rental units with income potential. The property includes 5 oversized 12? high overhead garage doors and approximately 13? ceiling heights. Each unit is separately metered for gas and electric. Current tenants include a fitness studio and a hair salon. The property has excellent walkability to Lambertville Station, shops, restaurants, and galleries. Overlooking the Delaware Raritan Canal and walking path, the property is zoned R-2 with pre-existing non-conforming commercial use (formerly a restaurant). This offers potential redevelopment opportunities for townhomes or condos, subject to buyer verification. On-street parking is available, along with a public lot across the street with approximately 18 spaces. This property is located in a vibrant business district.

Key Highlights

  • Prime mixed‑use/investment property in the heart of downtown Lambertville.
  • Strong income potential from 6 separate rental units.
  • Excellent walkability to Lambertville Station, shops, restaurants, and galleries.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom Accounting Firm Daycare Center Computer & Electronic Repair Nail Salon

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

1,249
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Dining 32%
Exxon Shops & Services
5,323 visits/mo 0.3 miles
Dunkin' Donuts Dining
3,936 visits/mo 0.4 miles
Sunoco Shops & Services
3,127 visits/mo 0.3 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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in downtown Lambertville with redevelopment potential.
Where is this mixed-use property located?
The property is located at 77 S Union St Lambertville, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Prime mixed‑use/investment property in the heart of downtown Lambertville.; Strong income potential from 6 separate rental units.; Excellent walkability to Lambertville Station, shops, restaurants, and galleries.
More about this property
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