204 N Union St, Lambertville, NJ 08530

Colliers is pleased to present Spokeworks, a boutique commercial property located at 204 North Union Street in downtown Lambertville, Hunterdon County, New Jersey.

The 28,224 SF asset is currently 85% leased to seven tenants, primarily in the arts industry, with just one suite vacant. Notable occupants include Union Chill, a cannabis dispensary that opened in 2021. Many suites feature private entrances and flexible retail/office layouts. Recent capital improvements include rooftop solar panels, EV charging stations, and a repaved parking lot.

Situated on 1.73 acres at the corner of North Union Street and Elm Street, the property benefits from a zoning variance permitting the development of 40 multifamily units—a rare opportunity in Lambertville, where no 5+ unit building has been delivered since 2020. The adjacent Hash House restaurant further enhances tenant amenities and foot traffic.

Lambertville, known as the “Antiques Capital of New Jersey,” and neighboring New Hope, PA, are premier destinations for tourism, shopping, and the arts. Both towns were recently recognized among HGTV’s “50 Most Charming Small Towns in America” (2025), and The New York Times likened New Hope to the Hamptons for its celebrity appeal.

With average household incomes of $215,853 and average home values of $837,561 within five miles—substantially above New Jersey’s averages—Lambertville is one of the state’s most affluent communities. Conveniently located 30 miles from Philadelphia and 55 miles from New York City, Spokeworks offers investors a stable, income-producing asset with significant redevelopment upside.