207-209 Main St - Freestanding FOR SALE


New London, NH 03257
$1,500,000 USD
603-491-6570
207-209 Main St, New London, NH for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/64
null | 5.37% Cap Rate

207-209 Main St
New London, NH 03257


HIGHLIGHTS

  • The main building has seven free standing spaces.
  • A second detached building offers a mixture of either retail, service and office accommodations.
  • The property contains 39 on-site parking spaces and has 4 curbside ones out front.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

5.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Chowanski Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C

APN/PARCEL ID

NLDN-000073-000080

ASK ABOUT THIS PROPERTY

Alan CroteauReal Property OptionsMore Info
603-491-6570

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alan CroteauReal Property OptionsMore Info
603-491-6570

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.