This Old World-style Colonial, built in 1840, is full of charm and character, offering a unique opportunity in Point Pleasant. Zoned Village Commercial, the property backs to the canal and Delaware River. While it needs some TLC, the potential is undeniable. The original home boasts an addition featuring cathedral ceilings over the family room with a fireplace, dining room, and built-in cabinetry and bookcases in the original living room, making it perfect for entertaining. The kitchen, with gas cooking, offers ample cabinet space, tile flooring, and a view of the yard. The family room and kitchen both feature exposed beams, adding to the home's historic appeal. The first floor also includes a full bathroom with a skylight. Original hardwood pine flooring runs throughout the home. On the second floor, you will find two bedrooms and a full bath. Additionally, the home has a walk-up attic for additional storage space. From the family room, large glass doors open to the deck and view of the rolling lawn that extends to the canal and river. No flood insurance is required for this property. Looking for a weekend getaway or a year-round retreat? With a little love and care, you will fall in love and want to call it your own.