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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


DESCRIPTION


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

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
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.

LAND INFORMATION


ADDITIONAL INFORMATION

Lot size: 0.76 acres
Zoned: Commercial
Flood Zone: Unknown
Road Frontage: 136
Docs Available : Deed | Lease Agreements | Property Disclosure | Tax Map
Taxes $13,513  | Assesed Value $0 in 2023