Schedule a Showing
Share
Print
|
An exceptional opportunity awaits investors and entrepreneurs in highly desirable Lambertville, NJ! The retiring owner is offering an incredible package of three separate income-producing properties, each with a strong performance history and reliable cash flow. Collectively, these properties command a significant footprint, spanning the entire block, and present a rare redevelopment opportunity in one of New Jersey's most in-demand markets. The first is a well-established laundromat that has been a cornerstone of the community for over 50+ years. This recession-resistant business boasts a loyal customer base and a consistent track record of profitability. The laundromat features modern, well-maintained equipment with both card and coin operations. The second property is a highly visible commercial retail space with steady foot traffic and a dependable long-term tenant in place, providing stable rental income and ample designated parking for 8 cars. The third is a newly renovated one-bedroom apartment located just steps from one of Lambertville's most beloved parks and the scenic towpath. With rental demand far outpacing supply, this residential unit benefits from the area's strong rental market and rising rates. A large garage beside the apartment, which is rented separately, has loft storage inside and an automatic door opener. A high visibility location on the corner makes the retail space even more enticing. And, if all of this isn't enough, the laundromat even has its own well water source so no worries about city water bills either! For the visionary investor or developer, this entire block-sized assemblage offers exciting potential for redevelopment. The site could be reimagined as luxury townhomes, capitalizing on Lambertville's enduring appeal or simply swoop in and benefit from the immediate cash flow this amazing opportunity provides!
Property Type(s):
Commercial
| Last Updated | 3/24/2025 | Year Built | 1910 |
|---|---|---|---|
| Community | Lambertville City (21017) | County | HUNTERDON |
SCHOOLS
| School District | SOUTH HUNTERDON REGIONAL |
|---|---|
| Elementary School | LAMBERTVILLE E.S. |
| Jr. High School | SOUTH HUNTERDON REGIONAL M.S. |
| High School | SOUTH HUNTERDON REGIONAL H.S. |
Additional Details
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Lambertville City (21017) |
| CONSTRUCTION | Block, Brick |
| HEAT | Baseboard, Natural Gas |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Corner Lot, Level |
| LOT DIMENSIONS | 150.00 x 42.00 |
| PARKING | Private, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 13767 |
| UTILITIES | Cable Available |
| WATER | Well |
| ZONING | Residential, the commercial areas are grandfathered in. |
Location
Listing provided by Callaway Henderson Sotheby's Int'l-Lambertville
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 3/25/25 7:23 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email