55 N 4th Street , Lots 20 - 22

Description

Located in Carbondale's coveted Historic Commercial Core, this iconic 1898 brick building offers approximately 3,800 finished square feet on a 1,691.5-square-foot lot, blending preserved character with modern functionality. Originally constructed as the Sheridan Saloon with a rumored second-level brothel, the building later transitioned into Bagett's grocery store before evolving into its current use as a commercial office and event space. A significant revitalization completed in 2013 introduced five glass-walled offices on the upper level while preserving original hardwood flooring and historic character throughout. The main level features a partial kitchen, full bar area, and a generous gathering space ideal for meetings, events, or creative commercial use. The sale also includes two adjacent vacant parcels totaling approximately 6,117 square feet, currently utilized as side-yard space, along with a separately designated historic site housing the original brick oven from the Liebermann Bakery—an exceptional and rare historic asset. Situated within the HCC zoning district, the property benefits from a framework that supports compatible reinvestment and adaptive reuse, subject to Town review, while preserving the architectural integrity of downtown Carbondale. An outstanding opportunity for investors seeking a legacy asset with character, flexibility, and long-term upside. (Lot square footage and property taxes are for three lots combined).