Very excited to present the latest Preservation Potential! A
once lovely 1880 building chock full of history and potential is up for sale.
The building has been under threat of demolition and this could be a chance in
a lifetime to save it whilst investing in this historically scenic gateway into
Woodbury. Situated on the corner of Cooper and Railroad, the former
Victorian-era hotel built by a 5-term mayor, Lewis M. Green is located across
from a successful cafe-style restaurant and a few steps from the active
Priya art gallery! It will also be nearby the
planned light rail stop which is
in development now. The building needs some restorative work but the bones are good! The potential is enormous! This spot would be an amazing coffee shop, arts center, museum, storefront, bed and breakfast... you name it! Original exterior window shutters as shown on the photo below are currently
stored in the basement. Available grants for restoration funding are available to non-profits. Also because the property is a contributing building in the New Jersey Register of Historic Places' Green Era District potential grant aid is available. More information
HERE.
From the listing: The subject property is a combination two
and three story building with a partial basement. The Owner has authorized the
sale of the building, subject to the City of Woodbury approving a formal minor
subdivision plan creating a lot with the building on it of approximately 45' x
90'; this will result in a non-conforming lot requiring a variance(s). The
Owner will consider a license for the land retained by the Owner for a buyer's
adjacent on site ingress and egress as well as parking use under terms and
conditions to be determined by the Owner. The building contains approximately
24 rooms with various bathrooms and kitchen areas. The total estimated gross
building area is 5,348 SF. The building is in need of complete restoration and
remodeling both inside and out. It is the intent of the Owner to have the
building restored by and investor or user. The proposed sale is part of Block
118 Lot 27. Real Estate taxes would be determined after an approved
subdivision. Located in the Historic District.
Offered at $250,000!
