Description
CHATHAM - Possible potential for a 1031 tax free exchange. Move to Chatham and own your first floor commercial space and live above it right on Main Street in a beautiful apartment ! Offering the extremely rare and desirable combination of a Main Street Commercial/Residential multi-use Building with the coveted GB1 zoning status that is a Top Notch Location! There is a first floor commercial space with sidewalk storefront showcase windows right on Main Street with a brand new renovated apartment on the second floor with full kitchen, vaulted ceilings, full bath and laundry, beautiful wide pine floors, exterior mahogany deck and so much more and both are fully leased until 2025 for a very handsome income stream for the new property Owner. Both first and second floors are air conditioned, have a security system in place and are in exceptional condition. There is in-town private parking of 6 spaces behind the building as well and the property is connected to Town Sewer. The Seller is the Listing Broker. Only the property and building are being offered for sale and the current business is not for sale. The current Tenant has a first right of refusal to purchase the property
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1BEDS
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0.1ACRES
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1BATHS
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11/2 BATHS
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1,479SQFT
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$2,018$/SQFT
Description
CHATHAM - Possible potential for a 1031 tax free exchange. Move to Chatham and own your first floor commercial space and live above it right on Main Street in a beautiful apartment ! Offering the extremely rare and desirable combination of a Main Street Commercial/Residential multi-use Building with the coveted GB1 zoning status that is a Top Notch Location! There is a first floor commercial space with sidewalk storefront showcase windows right on Main Street with a brand new renovated apartment on the second floor with full kitchen, vaulted ceilings, full bath and laundry, beautiful wide pine floors, exterior mahogany deck and so much more and both are fully leased until 2025 for a very handsome income stream for the new property Owner. Both first and second floors are air conditioned, have a security system in place and are in exceptional condition. There is in-town private parking of 6 spaces behind the building as well and the property is connected to Town Sewer. The Seller is the Listing Broker. Only the property and building are being offered for sale and the current business is not for sale. The current Tenant has a first right of refusal to purchase the property
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Data last updated: 2023-09-26T00:25:33.32.