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$1,850,000
Est. payment /mo
1,306 Sqft Lot
Price Dropped by $400K
8 N Union St Lambertville City, NJ 08530
UPDATED:
10/23/2024 05:17 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3918860
Year Built 1900
Annual Tax Amount $20,014
Tax Year 2023
Lot Size 1,306 Sqft
Property Description
8 N Union Street houses one of Lambertville's most popular restaurants, along with four artist lofts above, loved by local artisans for crisp white walls to display artwork and beachy blonde floors. The common area includes a shared restroom with a slop sink and a pantry for storing and serving coffee and snacks. The Broadmoor Restaurant is the first floor tenant with an established clientele. This BYOB restaurant has approved seating for 48. The kitchen fit-out includes 2 main gas ovens, an Ansul hood system, and an 8 x 8 walk-in refrigerator included in the sale. The tiled basement has ample space for storage, prep, a half bath, and a utility area. Included is a separate trash room with a mop sink. Each floor has separate entrances and utilities. This is a highly visible location right around the block from the Bridge Street intersection and close to the sister town of New Hope, PA. An incredibly rare investment opportunity. The building underwent a major renovation in 2017 and is not in a flood zone. Be front and center for the annual Shad Fest and Pride Parade!
Location
State NJ
County Hunterdon
Zoning CBD
Rooms
Basement Bilco-Style Door, Finished-Partially, Storage
Interior
Heating Gas-Natural
Cooling 2 Units
Flooring Tile, Wood
Equipment Appliances, Exhaust System, Fixtures, Floor Drains, Kitchen Area, Refrigeration Unit, Restrooms - Public, See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by CALLAWAY HENDERSON SOTHEBY'S IR