245 Union St, Lodi, NJ 07644

This rare mixed-use property located at 245 Union Street in Lodi, New Jersey, presents a unique opportunity for both investors and owner-users. Situated on a Res/Com zoned lot, the property is grandfathered for professional or commercial use on the ground floor, making it suitable for various professional practices such as accounting or legal services. The building, constructed in 1913, stands two stories tall and offers a total of 1,576 square feet of versatile space.

The first-floor unit is designed to accommodate professional operations, featuring a layout that flows from an initial spacious room, formerly the living room, into an area that was once the dining room, creating an open reception or waiting area. Beyond this, a kitchen is accessible, leading to a side room that was previously a bedroom. A significant additional room offers ample space for private offices, conference facilities, or substantial storage, blending the character of a converted residential home with the functionality of a professional office.

The second floor of the property comprises a one-bedroom apartment. This unit includes laundry facilities, providing a convenient amenity for residents. This apartment offers potential for steady rental income, enhancing the property's appeal as an income-producing asset, or can serve as living quarters for an owner-occupant.

Parking is available for up to three vehicles, addressing a key practical consideration for both commercial clients and residents. It is important to note that the grandfathered commercial use of the first-floor unit is contingent upon its continued use as professional or commercial space. Should the property be converted to exclusively residential use, the right to operate commercially in the future would be permanently forfeited. The property is zoned R-2, a residential district, underscoring the unique nature of its commercial grandfathering.