115/117 Main St, Colebrook, NH 03576

$540,000
6,267
SqFt

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Listing courtesy of Francine Rancourt from RE/MAX Northern Edge Realty/Colebrook. ()

List Price
$540,000
Status
ACTIVE
Price Change
▼ $57,000 1784571780
MLS#
5085287
Subtype
Residential Income
Style
Multi-Family
Year Built
1890
Living Area
6,267
Lot Size
60,984
Acres
1.40

Property Description

$57,000 PRICE REDUCTION! YOU CAN'T GO WRONG WITH THE NEW PRICE FOR THIS 1.4 ACRES OF PRIME LEVEL LAND IN THE CENTER OF TOWN! On Main Street, this well-maintained building with over 6200 sq ft of living space is filled with town history from the first Post Office to a hospital to an inn and tavern to the former Nugent Motor Company and still in the Nugent family. Currently the front commercial space is well appointed and houses "Creative Native", a store filled with crafts, collectables, art, jewelry and beautiful gift ideas. Upon the sale of property, inventory will be removed (manly consignments) and this large space will be available for commercial use again or transferred into another apartment. Besides this storefront, there are 4 units. 3 of the units have access to the pleasant, covered porches in the rear. One tenant is himself using 3 units. Upon the sale, this tenant will be moving. The last unit is the owner's living quarters and has direct entry to the garage. There is room for increase income as currently one tenant is using all 3 two-bedroom units. Maintenance & updates include a new storage shed, freshly painted exterior, standby generator and an extensive video surveillance camera system. The amount of land included offers so much potential for unique commercial development. Possibly a motel, private restaurant, popular food chain or store, or keeping the existing building for income and building a new residence in the back or another apartment building.. Endless opportunities. The land is actually 2 parcels combined. Bring your ideas to realization! The new price, the location and the size of this property downtown offers potential like no other!

Additional Information

Exterior Features
Outbuildings, Covered Porch
Taxes
$7,580
Property Description
Multi-Family
Zoning
Planning Board
Flooring
Carpet, Hardwood, Vinyl
Appliances
Water Heater off Boiler
Heating
Oil, Steam
Air Conditioning
None
Levels
Two
Roof
Shingle
Foundation
Fieldstone
Garage Spaces
1
School District
Colebrook Sch District SAU #7
Elementary School
Colebrook Elementary
High School
Colebrook Academy

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Calculator source: Real Geeks

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