The Broadmoor | 6-8 N Union St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
The Broadmoor 6-8 N Union St
2,916 SF 100% Leased Retail Building Lambertville, NJ 08530 £1,461,518 (£501/SF)
Investment Highlights
- Highly visible location near the intersection of Bridge and North Union Streets not in a flood zone
- Prime Real Estate Investment: Established Restaurant and Artist Lofts
- Excellent income potential with beautifully presented spaces
Executive Summary
8 North 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 half bathroom 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 with a hood system, sinks, and an 8 x 8 walk-in refrigerator in the basement. 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 is not in a flood zone. Restaurant is also for sale separately for $400,000.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,916 SF
Building Class
B
Year Built
1900
Price
£1,461,518
Price Per SF
£501
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.24
Land Acres
0.28 AC
Zoning
CBD - Central Business District. Metered parking
Frontage
31 ft on N Union
Amenities
- Signage
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (85)
PROPERTY TAXES
Parcel Numbers | Total Assessment | £1,369,719 (2024) | |
Land Assessment | £621,580 (2024) | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £748,139 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£621,580 (2024)
Improvements Assessment
£748,139 (2024)
Total Assessment
£1,369,719 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
1 of 47
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
The Broadmoor | 6-8 N Union St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.