115/117 Main Street Colebrook, NH

$540,000
Acres 1.40
Photo of 115/117 Main Street Colebrook NH 03576




Description

$57,000 REDUCTION! YOU CAN'T GO WRONG WITH THE OF PRICE OF 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. Besides this storefront are 4 other units for added income. 3 of the units have access to the pleasant, covered porches in the rear. One unit used for the owner's living quarters has direct entry to the garage. There is room for increase income as currently one tenant is using all 3 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. 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!


Listed by RE/MAX Northern Edge Realty/Colebrook, Francine Rancourt 603-237-5850

Details

MLS 5032719
Price $540,000
Status Pending
DOM 573 days
Type Commercial
Lot Size 1.40 acres
Year Built 1890
Taxes Paid $7,580

Lot & Building Features

Utilities Telephone Available, Cable Available
Construction Clapboard Exterior, Wood Frame
Cooling None
Heating Steam, Oil
Parking Description On-Site, Paved, Garage, Driveway
Sewer Public
Tax Year 2025
Taxes Paid $7,580
Water Public
Basement Description Exterior Stairs, Partial, Dirt Floor, Basement Stairs, Interior Access, Interior Stairs, Unfinished
Foundation Fieldstone
Lot Description Near ATV Trails, Sidewalks, In Town, Open, Near Snowmobile Trails, Trail/Near Trail, Level
Roof Shingle

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Financing

$
20%
1.4037037037037%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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