1422 Route 179Lambertville, NJ 08530

Property Details for 1422 Route 179

Lot size

4.19 AC

Property size (Sq ft)

4,200 SF

Zone code

HC

Property type

Other commercial real estate

APN

26 00008-0000-00023- 02

APU

260000800000002302

Description

This exceptional commercial property, situated on 14.98 acres in Lambertville, NJ, at 1422 Route 179, presents a unique opportunity. The property comprises a 30,000 square foot divisible flex space within the extensively renovated historic former West Amwell School Building. Offering spaces ranging from 1,500 to 30,000 square feet, this versatile location is ideal for a variety of businesses. Many units boast 24-foot high ceilings and private bathrooms. The landlord is committed to customization, offering retrofitting options within reason, including the potential addition of loading docks or drive-in doors at their expense. The all-inclusive lease rate of $15 per square foot covers heat, air conditioning, restrooms, exterior and common area maintenance, water, gas hot water, pest control, snow removal, sewer, parking, exterior security, trash removal, and electricity. The property also features robust 1600-amp 120/208V 3-phase heavy power. Seven tenants are already in place, highlighting the property's desirability. For a limited time, new tenants receive one month of free rent for each year of their lease term. Furthermore, a complimentary fit-out allowance is available for certain alterations, such as wall removal or dock additions. Ample parking is available on the expansive grounds. Floor plans detailing available spaces are available upon request. Note that the lease does not include personal security systems, internet, or unit cleaning. Artistic renderings depict proposed exterior renovations and future development plans.

• Alternative Use

  Use

  Valuation

  Residential

  $877,098

  Hospitality

  $803,417

  Educational

  $668,433

  Medical

  $691,422

  Retail

  $1,039,785

Location Insight

City

Lambertville

County

Hunterdon

State

New Jersey

Latitude

40.3852

Longitude

-74.9178

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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