71-75 Main St, Unit 75 Lambertville, NJ 08530-1710
- Commercial real estate
- 9,975 SF
- 0.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 71-75 Main St
- Year built
- 1840
- Construction
- BRICK
- Lot size
- 0.11 lot acres
- Property size
- 9,975 SF
- Zone code
- CBD
- Property type
- Commercial real estate
- APN
- 17 01032-0000-00001
- APU
- 1701032000000001
Description
This exceptional Lambertville, NJ investment property, situated on a 0.11-acre lot at 71-75 Main Street North, presents a rare opportunity. Built in 1850, this meticulously maintained building boasts 10,500 square feet of space, seamlessly blending residential and commercial components. The residential portion comprises six fully renovated units: one studio apartment, four two-level one-bedroom apartments, and a stunning three-bedroom unit. Residents enjoy convenient on-site laundry facilities, a private outdoor deck, and basement storage. Ample parking is also available. The commercial space is equally impressive, featuring private offices, a fully equipped kitchen, a dedicated conference room, stylish common areas, and a remarkable finished basement showcasing exposed stone walls. This property benefits from a strong rental history and recently upgraded systems, ensuring consistent income generation. The adjacent lot, currently used for parking, offers significant potential for future expansion, adding further value to this already remarkable investment. Priced at $3,625,000, this property is poised for continued success and offers a compelling blend of historical charm and modern functionality.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lambertville
- County
- Hunterdon
- State
- New Jersey
- Longitude
- -74.9438
- Latitude
- 40.3684
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
