The Presidential Place Condos in Butchertown on the corner of Washington Street and Adams Street are billed as high luxury and are now 33 percent sold out. The development has three units, so if we do the math… yes, there are two more available units for sale. The smaller of the two features 2,200 square feet and is listed at just under $400,000 and the larger has 5,000 square feet for around $800,000.
The property is listed on the National Register of Historic Places and was originally the William Gnau Home & Residence. The building was built in 1876 and is typical of mixed-use commercial architecture of the period. The renovation into the Presidential Place in 2007 added modern amenities such as an elevator, keyless entry, private courtyards, spas, new fireplaces, and solariums.
The building was previously home to the E.S. Tichenor Interior Design Company (their sign is still visible on the south side of the building). Now the structure is zoned entirely residential, meaning the original retail space is legally unable to be used as retail. It is a possibility, perhaps, that an interested buyer could attain a spot zoning variance for the first floor condo and use it as retail. It’s good to see the building restored as these austere 19th century commercial buildings are some of out favorites.
