415 Main St - Apartments FOR SALE


Farmington, NH 03835
$1,600,000 USD
603-303-2599
415 Main St, Farmington, NH for Sale
$1,600,000 USD
Apartments - FOR SALE
1/27
null | 10.18% Cap Rate

415 Main St
Farmington, NH 03835


HIGHLIGHTS

  • Paved Parking and Dumpster on site
  • 9 apartments and 4-5 flexible Commercial Space
  • Water and Sewer included
  • Close to shopping and restaurants, 25 minutes to seacoast and Lake Winnipesaukee
  • In the heart of the Lakes Region of New Hampshire
  • Beautifully renovated

OVERVIEW

415 & 425 Main | Nine 1-3 Bedroom Apartments Plus 4-5 Ground Floor Commercial Units Prime mixed use investment opportunity. Here is History reinvented. All Brand new, beautifully appointed, clean, and fresh one to three bedroom apartments in the historic Hussey Block Building. Also there are 4-5 ground floor commercial units available with significant income potential utilizing huge open street level space with multiple entrances and large display windows that can be configured into various floor plans to suit different business needs. There is also a side shared entrance with bathroom. The Main Street downtown location is ideal to walk to local shops or to take advantage of the best that the Lakes Region and Seacoast can provide. You are minutes to The Ridge Marketplace of Rochester with everything you need to Shop Dine and Enjoy. Market Basket, Marshalls, Starbucks, several great restaurants, Hobby Lobby, or down the road to the iconic Little Miss Sophie’s Country Kitchen and Johnson’s Dairy Bar Only 20 minutes to Alton and Wolfeboro and Lake Winnipesaukee, 35 minutes to Portsmouth and the seacoast.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

14

PRICE/UNIT

$114,286

CAP RATE

10.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hussey Block Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

Village District

APN/PARCEL ID

FRMN-000006U-000000-000019

ASK ABOUT THIS PROPERTY

Michael TravisBhhs Verani WolfeboroMore Info
603-303-2599

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Michael TravisBhhs Verani WolfeboroMore Info
603-303-2599

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