Price Change! reduced by $300,000 down 20% on November 18th 2024 $1,500,000 | $123 per sq.ft.
Commercial Property, in 207/209 Main Street New London NH | Space type Food Service,Office Building,Retail Strip,Storefront Chowanski plaza subdivision, MLS# 5005799
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Listed by Alan Croteau Real Property Options on
July 19th 2024
207/209 Main Street New London NH 03257
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DESCRIPTION
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Welcome to quaint New London - home of Colby Sawyer College. This prime investment property, the Chowanski Plaza, has a prominent eatery with Tucker's Restaurant already leasing one of seven commercial spaces along with many other successful businesses. With plenty of vehicle and foot traffic, any business wanting exposure to enhance their profitability will surely gain success here. The main building has seven free standing spaces. A second detached building offers a mixture of either retail, service and office accommodations. With recent renovations, and being well maintained, it is undoubtedly a distinguished commercial location. The property contains 39 on-site parking spaces and has 4 curbside ones out front. Within walking distance to Colby Sawyer College, New London Barn Playhouse, and many other attractions, Chowanski Plaza has so many opportunities to afford a future owner. This may fit well for a 1031 exchange buyer.
Building Type : Business | Hospitality | Investment | Office | Opportunity | Retail
Disability Features : Access Parking | Hard Surface Flooring | Paved Parking
Misc : Fire System | Phone System | Public Restrooms | Security System | Smoke/Heat Detectors | In-Unit Bathroom
Sale Includes : Land/Building Signage-| Adequate Traffic Count-| Price per SQFT | 122.69 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0
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FEATURES AND DETAILS
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CONSTRUCTION: Post and Beam | Wood Frame | Clapboard Exterior | Stone Exterior | Wood Exterior | Price Per SQ.FT. 122.69 | Year Built: 1890 No. of Units-| 7 Building Size | 12226 Available SQFT | 10066 Basement: Concrete | Concrete Floor | Dirt Floor | Partial | Stairs - Exterior | Storage Space | Sump Pump | Unfinished
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Building Type: Business | Hospitality | Investment | Office | Opportunity | Retail Roof: Metal | Shingle - Architectural Garage And Parking: Off Street | On-Site | On Street | Parking Spaces 21+ | Paved | Unassigned Road Frontage: 136 Heating: Forced Air | Propane Cooling: Central AC Electric: 200 Amp | 220 Volt | Circuit Breaker(s) Utilities: Cable | Gas - LP/Bottle | Multi Phone Lines No. of Docks | 0. No. of Drive Doors | 12226. AC % | 100.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.76 acres Zoned: Commercial Flood Zone: Unknown Road Frontage: 136
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Docs Available : Deed | Lease Agreements | Property Disclosure | Tax Map Taxes $13,513 | Assesed Value $0 in 2023 |