228 Main Street,Chatham Boro, NJ 07928
Chatham Boro, NJ 07928
Description
An exceptional investment opportunity is in the heart of the very desirable downtown Chatham. This versatile, impeccably maintained, mixed-use property combines an established commercial tenancy with residential income. It is just steps from the Midtown Direct service, shops, restaurants, and everyday conveniences. The property offers an attractive opportunity for investors or owner-users. The historic building features architectural details, abundant natural light, and upgraded electrical and HVAC systems. A private driveway provides convenient delivery access to the retail spaces, while ample municipal parking enhances accessibility. The first floor includes five retail spaces, each extending front to back with direct driveway access. Each unit has a restroom, outdoor seating, and private basement storage. Long-term, established commercial tenants provide a strong existing income stream. The second floor features a large office suite with three rooms plus private and public restrooms and three residential apartments. The renovated seven-room, two-bath apartment offers hardwood floors, soaring ceilings, an open-concept living area, and a second bedroom/office. Two additional apartments offer sun-filled living spaces and two bedrooms. All residential units feature in-unit laundry. A rare opportunity to own a well-maintained, income-producing asset in one of Chatham's most desirable downtown locations.
Details
| MLS # | 4051228 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 11 |
| Listing Provided By | WEICHERT REALTORS | MARY T. WEICHERT |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 9 |
| Zoning | B-2 |
Taxes
| Property | 33795 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Morris |
| City | Chatham Boro |
| Zip Code | 07928 |
| Area | Morris |
| Listing VS Median (in 07928) | |
Price: $3,250,000 low | high Med: $12,500 On site: 11 low | high Med: 16 | |
Market Activity 07928
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Learn More About This Property
| State | NJ |
|---|---|
| County | Morris |
| City | Chatham Boro |
| Zip Code | 07928 |
| Area | Morris |
| Listing VS Median (in 07928) | |
Price: $3,250,000 low | high Med: $12,500 On site: 11 low | high Med: 16 | |
