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236 N Union St

Lambertville City, NJ 08530
  • $695,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 3768804
UPDATED: 71 min ago
$695,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2000
County:

School Ratings & Info

Description

This well-positioned commercial space with C-3 zoning currently houses a long-term Thai restaurant tenant but will appeal to several buyer segments. A North Union location with plenty of foot traffic and high visibility, the future looks bright for an investor or a restaurateur looking to join the movers and the shakers in sought-after Lambertville's culinary and arts community. Embodying an industrial yet rustic vibe, the timber cathedral style ceiling with skylights, metal fans, and galvanized farm lights adds a dramatic tone and a nice sense of space and warmth to the dining room, with approved seating for 48. An accessible restroom for customers and another for employees near the kitchen. Drive-around access offers one off-street parking spot behind the building but in this part of Lambertville on-street parking is rarely an issue. Walk-in refrigerator, sinks, commercial dishwasher, an Ansell fire system (in the process of being updated), a hot water booster (purchased within the year), and a hot water heater (purchased within the year) are included in the sale. The basement crawl space with ample height is accessible via Bilco doors for extra storage in addition to a pull-down attic. This is a rare opportunity in Lambertville's beloved NOLA (North Lambertville) neighborhood!

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-07-07T11:47:53.723.
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236 N Union St Lambertville City, NJ 08530

  • Price: $695,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 71 min ago
  • MLS #: 3768804
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2000
Built
County:
Hunterdon
Area:
Lambertville City
Property Description
This well-positioned commercial space with C-3 zoning currently houses a long-term Thai restaurant tenant but will appeal to several buyer segments. A North Union location with plenty of foot traffic and high visibility, the future looks bright for an investor or a restaurateur looking to join the movers and the shakers in sought-after Lambertville's culinary and arts community. Embodying an industrial yet rustic vibe, the timber cathedral style ceiling with skylights, metal fans, and galvanized farm lights adds a dramatic tone and a nice sense of space and warmth to the dining room, with approved seating for 48. An accessible restroom for customers and another for employees near the kitchen. Drive-around access offers one off-street parking spot behind the building but in this part of Lambertville on-street parking is rarely an issue. Walk-in refrigerator, sinks, commercial dishwasher, an Ansell fire system (in the process of being updated), a hot water booster (purchased within the year), and a hot water heater (purchased within the year) are included in the sale. The basement crawl space with ample height is accessible via Bilco doors for extra storage in addition to a pull-down attic. This is a rare opportunity in Lambertville's beloved NOLA (North Lambertville) neighborhood!
Exterior Features

Approximate Lot Size 45 X 68 IRR Available Parking Spaces 0 Construction Wood Exterior Description Concbrd Location FreestandingResidential Area Lot Description Irregular Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Driveway-SharedOff-Street ParkingSee Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style DoorCrawl Space Cooling 1 UnitCentral Air Equipment Available Exhaust SystemFire AlarmKitchen AreaRefrigeration UnitRestrooms - PublicSmoke Detector Floors CarpetingTileVinyl-Linoleum Heating Forced Hot Air Max Ceiling Height 18 Max Door Height 7 Number Of Doors 0 Number Of Lavatories 2 Office Sq Ft 0

Property Features

Available See Remarks Expenses Include InsuranceTaxes For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 40800 Net Operating Income 27345 Owner Pays No UtilitiesSee Remarks Permitted Use As Per C3 Zone Primary Property Type Restarnt Prior Use Restaurant Property Type RestaurantSee Remarks Sale Includes Building Only Sewer Public Sewer Suite Number 1 Tax Amount 11316 Tax Rate Amount 2.268 Tax Rate Year 2021 Tax Year 2021 Tenant Pays ElectricGasHeatSewerWater Total Operating Expense 134555 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning C3

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Callaway Henderson Sotheby's Ir.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-07-07T11:47:53.723.
 
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28 Valley Rd Suite 1
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