For Sale
$1,200,000

115/117 Main St Colebrook, NH 03576

Prime Downtown Location, High Income Potential

Overview

Added:
Feb 3
Days on market:
83
This exceptional multi-family property at 115/117 Main Street, Colebrook, NH, presents a rare investment opportunity in the heart of town. The 7,102 square foot building sits on a sizable 1.4-acre lot, offering significant potential for future development or expansion. The property includes remodeled owner's quarters, a currently rented storefront, and three additional apartments, all in excellent condition. Recent upgrades include exterior painting, a standby generator, a new utility shed, some new flooring, an upgraded video surveillance system, a new garage overhead door, and a new private direct entry from the garage to the building. The property boasts a newly paved driveway off Main Street with access to town water and sewer. The adjacent, nearly full-acre lot, is fenced and level, presenting possibilities for additional commercial development (such as a restaurant or motel) or simply a lucrative resale opportunity. All systems are well-maintained and in excellent working order. This versatile property has a rich history, having served as a post office, hospital, inn, tavern, and most recently, the home of Nugent Motor Company and currently, Creative Natives, a thriving gallery. This is a chance to own a piece of Colebrook's history while capitalizing on its promising future. The asking price is $1,200,000.

Property Details for 115/117 Main St

Property type
Multifamily properties
Square Feet
7,102 SF
Year Built
1890
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Colebrook
County
Coos
State
New Hampshire
Latitude
44.9068
Longitude
-71.4345

FAQs

What type of property is this?
Multifamily property - Prime Downtown Location, High Income Potential
Where is the multifamily property located?
The property is located at 115/117 Main St Colebrook, NH.
What is the asking price?
The asking price for this property is $1,200,000.
How can I contact the broker?
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115/117 Main St
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