49 N Main St, Lambertville City, NJ 08530

Property Description

Prime Commercial Opportunity in the Heart of Historic Lambertville! Unlock a rare investment right on the bustling main thoroughfare of one of New Jersey's premier river towns! 47-49 N Main Street interior of the Laundromat floors, walls and roof were rebuilt in 2021 and is a fully active, income-generating commercial property presenting an incredible opportunity for savvy investors or 1031-exchange buyers. Unlike vacant storefronts, this property features a diverse, recession-resistant tenant mix that draws consistent, heavy daily traffic from both the loyal local community and weekend tourists. Income producing laundromat with long-term tenant offers a steady, essential-service anchor tenant providing reliable, year-round foot traffic and consistent cash flow, along with a vibrant Mexican restaurant also with a long-term tenant. Premium indoor/outdoor seating provides a massive competitive advantage in downtown Lambertville! The property boasts highly coveted outdoor seating space, allowing the restaurant to capitalize on the area's vibrant, pedestrian-heavy spring, summer, and autumn seasons. Lambertville is widely celebrated as a premier destination for fine dining, antiquing, and boutique shopping. Located just steps from the scenic Delaware River and a short stroll across the bridge to New Hope, PA, this location benefits from a robust regional economy. The businesses and equipment are not included in the sale of this property. Great income producing property.