$1,105,920

About this property

Visit the REALTOR website for further information about this listing. Investment, live/work, or redevelopment opportunity! This unique 10,240 sq.ft. brick-and-beam industrial building is located in the heart of downtown Exeter and offers exceptional flexibility under C4 Core Commercial zoning. Originally constructed in 1951 as the historic Jones-MacNaughton Seed Mill, the building retains its authentic character with thick masonry walls, oversized timber construction, original maple hardwood floors, that cannot be replicated today. The property currently contains two finished loft-style apartments, approximately 3,000 sq.ft. of finished commercial space, and over 4,000 sq.ft. of additional shop, storage, or future development area. The main floor features office/showroom space, light manufacturing space, and a 2-bedroom apartment. The second floor includes a 3-bedroom apartment, assembly and workshop areas, and additional commercial space. A third-floor storage area and rooftop deck provide further opportunities for creative use or expansion. Situated on a 6,050 sq.ft. lot, the property offers a rare combination of commercial, residential, manufacturing, office, hospitality, and redevelopment potential. Preliminary concepts suggest the possibility of additional 8 residential units, subject to approvals. Additional parking and/or development opportunities may be available through the adjoining property, which is also available for purchase separately. Ideal for entrepreneurs seeking a live/work environment, investors looking for income-producing potential, or developers pursuing adaptive reuse opportunities. Currently vacant and available for immediate possession. A rare opportunity to own one of Exeter's landmark industrial buildings-offering history, character, flexibility, and value at a price well below replacement cost. (id:66946)

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