115/117 Main Street Colebrook, NH

$540,000
Baths 4
Square Footage 6,267
Acres 1.40
Photo of 115/117 Main Street Colebrook NH 03576




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!


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

Details

MLS 5085287
Price $540,000
Status Pending
DOM 137 days
Type Multi-Family
Style Multi-Family
Baths 4 full baths
Square Feet 6,267 sqft
Lot Size 1.40 acres
Year Built 1890
Taxes Paid $7,580

Lot & Building Features

Appliances Water Heater off Boiler
Utilities Telephone Available, Cable Available
Construction Clapboard Exterior, Wood Frame
Cooling None
Heating Steam, Oil
Sewer Public
Tax Year 2025
Taxes Paid $7,580
Water Public
Basement Description Partial, Dirt Floor, Basement Stairs, Exterior Access, Interior Access, Interior Stairs, Unfinished, Concrete Floor
Foundation Fieldstone
Lot Description Near ATV Trail, Sidewalks, In Town, Open, Near Snowmobile Trails, Trail/Near Trail, Level
Roof Shingle
Features Exterior Outbuilding, Covered Porch
Garage Yes

Schools

Elementary School Colebrook Elementary
Senior High School Colebrook Academy

Multi-Family Home for Sale: 115/117 Main Street, Colebrook, NH 03576

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Financing

$
20%
1.4037037037037%
6.75%
$
$
$
per month
Principal & Interest
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Monthly HOA
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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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