115 Main St Vincentown, NJ 08088
- Commercial real estate
- 0.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 115 Main St
- Construction
- BRICK
- Lot size
- 0.43 lot acres
- Zone code
- TC
- Property type
- Commercial real estate
- APN
- 33 01010-0000-00001
- APU
- 3301010000000001
Description
This exceptional 0.19-acre mixed-use property at 115 Main Street in Southampton, NJ, presents a rare opportunity to own a piece of local history. Originally constructed in 1813 as The Grange Hall, this building served as a community hub and retains its historical charm. The expansive kitchen and meeting rooms are ideal for hosting events and gatherings, while the adjacent parking lot offers convenient off-street parking. The property's versatility allows for a range of potential uses, including offices, a residential conversion, or a combination thereof, subject to township approval. Recent significant upgrades enhance its functionality and appeal. These improvements include a new high-efficiency natural gas furnace, new high-efficiency dual-zone ductless split systems in the main hall, a completely replaced underground galvanized waterline to the kitchen with new Pecks plumbing, a new high-efficiency electric water heater, and fully renovated bathrooms with new fixtures. Furthermore, the property boasts newly installed high-speed internet with new wiring and a new fire alarm system with central monitoring. This meticulously maintained building offers a unique blend of historical significance and modern amenities, making it an exceptional investment opportunity with limitless potential. The possibilities are truly endless for the next owner.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $165,000
- 6.5%
- $155,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $170,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $155,000
- Retail
- $165,000
- Mixed-Use
- $165,000
- Hospitality
- $140,000
- Educational
- $150,000
- Residential Income
- $150,000
- Energy
- $150,000
- Income-Based Land
- $160,000
- Food Service
- $150,000
Location Insight
- Map
- Local Demand
- City
- Vincentown
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.7498
- Latitude
- 39.9351
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA