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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$309,000

Price Change! reduced by $15,500 on October 22nd 2024
MLS# 5003433
sq.ft. Bedroom | 0 Bathroom
Commercial
357 Central Street Franklin NH
The lofts at shepard block-auerbach building subdivision,   
 
Price Change! reduced by $15,500 on October 22nd 2024
$309,000 | $203 per sq.ft. Commercial Property, 357 Central Street Franklin NH | Space type Retail Condo The lofts at shepard block-auerbach building subdivision,    MLS# 5003433


DESCRIPTION

Highly visible downtown retail condo in the heart of the Franklin Falls Historic District. Be a part of the revitalization of the Mill City and locate your future business here, diagonally across from the Franklin Opera House and a block or two from Trestle View Park, Mill City Park (New England's first Whitewater Park), The Winnipesauke River Trail and more. 153 NEW residential units just opened up in the restored JP Stevens Mill building, New downtown lofts style condos are also almost fully completed and occupied and Franklin is sharpening its image as an outdoor destination. More economic developments are in the works! Not quite ready yet? That's alright! Invest now before increasing demand prices you out because this unit is already leased for $1,600 mo until March 2026 to an excellent tenant. New heating/cooling units were just installed in March. Need help? Don't know where or how to start your own business? We can help get you pointed in the right direction!
Building Type : Retail

Sale Includes : Building Only | Other
Signage-| Adequate
Price per SQFT | 203.42 Net Income| 0
Gross Income| 19200
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Masonry | Brick Exterior | T1-11 Exterior | Price Per SQ.FT. 203.42 | Year Built: 1900
No. of Units-| 1
Building Size | 1519
Available SQFT | 1695
Divisable SQFT | No
Basement: Concrete Floor | Full | Stairs - Interior | Storage Space | Sump Pump
Building Type: Retail
Roof: Membrane
Garage And Parking: Leased | On-Site | On Street
Heating: Electric | Heat Pump | Multi Zone | Mini Split
Cooling: Multi Zone | Mini Split
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable - At Site
No. of Docks | 0.
No. of Drive Doors | 1519.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 0 acres
Zoned: B2
Flood Zone: No
Docs Available : Association Docs | Covenants | Deed
Taxes $3,187  | Assesed Value $196,000 in 2023
15 Buck Rd. Hanover, NH 03755 603-643-3942

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