97 Baker St

Description

A rare mixed-use investment opportunity in the heart of Maplewood's award-winning Village! This distinctive commercial property offers approximately 12,000 square feet in total, including 6,500 square feet of commercial space divided among five separate spaces, plus three luxury loft-style residential units totaling approximately 5,500 square feet.With the NJ Transit train station practically in sight, the property enjoys exceptional visibility and accessibility in one of Northern New Jersey's most desirable commuter communities less than 45 minutes from Manhattan. More than 15 restaurants and caf s are just around the corner, along with boutiques, professional services and the energy of downtown Maplewood.The property presents compelling possibilities for a 1031 exchange investor, a business owner seeking a prominent downtown location, or an owner-occupant who wants to enjoy a spacious luxury residence while benefiting from multiple commercial and residential income streams.Nearby Memorial Park, designed by the renowned Olmsted Brothers landscape architecture firm, provides a beautiful green centerpiece for the Village where you can take in some of the serenity offered by the grounds and pond. Surrounded by strong residential demand and impressive home-value appreciation, this is a truly uncommon opportunity to own a substantial mixed-use asset in one of the region's most vibrant and commuter-friendly downtowns with easy access to NYC for all that NYC has to offer.

Property details

Type

Retail Complex

Lot dimensions

76x130

Building size

12,016 sqft

Year built

1932

Garage

3 car

Subdivision

Maplewood Village Comm

Available area

12,016 sqft

Price per sqft

$325

Units

8

Offered

For Sale

Zoning

RB

Possession

TBD

MLS #

4051267