245 Union St - Office FOR SALE


Lodi, NJ 07644
$650,000 USD
862-832-1815
245 Union St, Lodi, NJ for Sale
$650,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

245 Union St
Lodi, NJ 07644


OVERVIEW

Rare mixed-use two-unit property in Lodi, grandfathered for professional/commercial use on the ground floor, making it ideal for an accountant, attorney, or similar office use. This versatile property sits on a Res/Com zoned lot and provides flexibility for both investors and owner-users. The first-floor unit flows naturally from a spacious room that was originally the living room into what was formerly the dining room, creating an open, welcoming reception area. Beyond that lies the kitchen, which connects to a side room that was once a bedroom, as well as an exceptionally large additional room perfect for private offices, conference space, or storage. The layout offers the charm of a converted residential home while functioning efficiently as a professional office space. The second floor features a comfortable one-bedroom apartment with laundry, offering steady rental income potential or space for an owner-occupant, adding to the property's income-producing appeal. Parking for 3 cars available. Note that per current grandfathered zoning, the commercial use of the first-floor unit is protected only as long as it remains in professional/commercial use; converting the property to strictly residential use would permanently forfeit the right to use it commercially again in the future.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$412 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,132 SF

ZONING

R-2

APN/PARCEL ID

31-00125-02-00003

ASK ABOUT THIS PROPERTY

Gabriel GarcesAmericasa RealtyMore Info
862-832-1815

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Gabriel GarcesAmericasa RealtyMore Info
862-832-1815

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.