$1,200,000
bedrooms
0
bathrooms
0
square feet
6,514
Acreage
0.83
Open Houses
-
year built
1800
Full Baths
0
Half Baths
0
This stunning Colonial, built in 1860 and listed on the National Historic Register, is a cornerstone of the vibrant Main Street community. Seamlessly blending historic charm with modern updates, the property offers both commercial and residential opportunities, making it a rare and highly desirable investment.The first floor features a fully rented executive-style office under a three-year lease. Spanning 1,820 square feet, this professional space includes wide plank flooring, built-ins, private conference rooms, employee offices, and a kitchen. Freshly painted with elegant moldings and radiant gas heat, the space is accessible via covered front and back porches, with ample off-street parking.Upstairs, the property boasts two apartments and a studio apartment, each with its own unique character. A spacious 745-square-foot second-floor apartment includes an updated bedroom, a full bath with a stall shower, and a comfortable living room. The adjoining studio apartment currently serves as a podcast media room, complete with its own full bath and modern updates such as new carpet and fresh paint. The third-floor one-bedroom apartment, spanning 705 square feet, features a living room, dining room, kitchen, full bath, and a private deck. Each unit is accessible from a common hallway or a covered deck, ensuring privacy and convenience.The property also includes a private cottage office, fully rented and surrounded by charming landscaping and a gazebo, adding to its appeal.At the back of the property, a historic two-story barn built in 1860 offers immense potential. This will be AVAILABLE for your business or for lease 2/2025. With 2,567 square feet of space, this updated structure features wood-frame construction, T-III siding, a metal roof, semi-split heating and air, and exposed wood rafters. Ideal for retail or creative use, the barn includes three large open areas with built-ins and plenty of character.The basement has been professionally waterproofed, complete with a warranty, ensuring the long-term integrity of the building. Throughout the property, updates have been thoughtfully implemented while preserving the charm of its original construction.Situated on a bustling Main Street with an active business association, this property is the jewel of the community. Its central location, combined with its mix of leased spaces and untapped potential, makes it a remarkable investment opportunity. With 6,514 total square feet of space, this well-maintained Colonial is ready to continue its legacy as both a historic landmark and a thriving hub of activity.Rental income - 1st. floor offices 3000.00- 2nd floor apt. 1350.00- 2nd floor studio 475.00- 3rd floor apt. 950.00. - Cottage 300.00 - Back barn available 2/25 rents for 2850.00
Location | |
Subdivision | - |
County | GLOUCESTER |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
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MLS number: NJGL2050398
Listing agent:
Patricia Settar
Listing broker:
Berkshire Hathaway Homeservices Fox & Roach, Realtors
Copyright © 2024 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, November 26 2024 at 4:24 a.m. EST
Kotohomes National
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