Fully Stabilized, Mixed Use, Investment Property w/Bakery & Apartment
Property Description
61 N. Main Street represents an exceptional investment opportunity in the heart of historic Lambertville, New Jersey. This fully stabilized mixed-use property features a ground-floor retail space occupied by Lambertville Bakehouse with a long-term lease through 2029, and a luxury two-bedroom apartment on the upper floors with consistent rental history.
Key Investment Highlights:
Stable Income Stream: Long-term retail tenant and consistent residential rental income providing immediate cash flow
Prime Location: Situated on Lambertville's main commercial corridor in a premier tourist destination between Philadelphia and New York City
Quality Asset: Fully renovated historic building (2016-2022) with modern systems and premium finishes
Diversified Revenue: Balanced income from retail and residential components, providing risk mitigation
Attractive Financing: Seller financing available for up to 80% of purchase price
Limited Competition: Few comparable properties available with similar quality and tenant profile
Value-Add Potential: Opportunity for future rent growth in this high-demand market
Key Investment Highlights:
Stable Income Stream: Long-term retail tenant and consistent residential rental income providing immediate cash flow
Prime Location: Situated on Lambertville's main commercial corridor in a premier tourist destination between Philadelphia and New York City
Quality Asset: Fully renovated historic building (2016-2022) with modern systems and premium finishes
Diversified Revenue: Balanced income from retail and residential components, providing risk mitigation
Attractive Financing: Seller financing available for up to 80% of purchase price
Limited Competition: Few comparable properties available with similar quality and tenant profile
Value-Add Potential: Opportunity for future rent growth in this high-demand market
About the Property
- Type
- Retail
- Building Status
- Established
- Facilities & Assets
- Located on Main Street of the historic district of Lambertville, NJ, this investment property is in the heart of a busy retail streetfront section that attracts both local residences, tourists and services a NYC/Philly bedroom community. Originally constructed in 1888, the 3 story wood framed building with stone full basement has undergone extensive modernization and renovations in 2016 with all modern, existing systems in place, including plumbing, electrical system, HVAC system, roof. There are no immediate capital improvements required at this time.
- Location Description
- Google Map https://www.google.com/maps/place/61+N+Main+St,+Lambertville,+NJ+08530/@40.3654788,-74.9487847,16z/data=!4m6!3m5!1s0x89c3ff358301b2a5:0x46aca13fba2a457!8m2!3d40.3681396!4d-74.9436509!16s%2Fg%2F11c3q3b318?entry=ttu&g_ep=EgoyMDI1MDYwMi4wIKXMDSoASAFQAw%3D%3D
- Current and Prior Use
- Current use: 1st Floor Turnkey Bakery/Coffee Shop, 2nd & 3rd Floor Luxury Apartment. Full basement currently used for dry food storage and upgraded 3 phase electrical equipment to services bakery appliances. 5 dedicated parking spaces in the rear, serviced by a private alley, in addition to public street metered parking.
- Year Built
- 2016
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Seller is willing to finance up to 80% of the Purchase price with term and rates nego
- Current Property Expenses
- Property Taxes:$15,800, Utilities: (tenant Pass-thru), Insurance: $3,392, R&M: $3,000, City Services:$1,560
Listing Info
- ID:
- 2375258
- Listing Views:
- 683
Attached DocumentsAttachment Disclaimer
Confidential_Information_Memorandum_61_N_Main_Street_06_04_25.pdf
Listing ID: 2375258 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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