$1,095,000

Description

Rare opportunity to own a magnificent religious facility over 100 years old, situated on a highly visible corner property in desirable Allendale! This remarkable property offers incredible architectural character, a newer roof, and no formal historical designation! The beautiful main sanctuary features soaring pitched ceilings, exposed beams, stunning stained glass windows, and a fully functioning pipe organ! Additional features include a large meeting and gathering area, ample office and storage space, approximately 350 square feet of second-floor office space, and a partially finished basement with a separate entrance! Also included is a separate two-story Manse residence, approximately 875 square feet per floor, currently generating rental income below market value! Zoned ML-4 in the Borough of Allendale, the property's ideal use is continued operation as a religious facility, making it an excellent opportunity for religious institutions and nonprofit organizations, subject to applicable zoning requirements. The existing parish is willing to lease back the facility through December 31, 2027, with terms to be negotiated, providing potential additional income for a new owner! Conveniently located near local businesses, municipal facilities, and major roadways. All square footages are approximate. An extraordinary opportunity to acquire a truly unique property with historic charm, income-producing potential, and tremendous possibilities!

Tax & Financial Information