144 Main StWinchester, NH 03470

  • Showrooms
  • 2,307 SF
For Sale
$285,000 View listing

Property Details for 144 Main St

Year built
1887
Lot size
0.03 AC
Property size (Sq ft)
2,307 SF
Zone code
CENTRA
Property type
Showrooms
APN
WNCH M:00026 B:000028 L:000000
APU
WNCHM00026B000028L000000

Description

This exceptional 2,080 square foot mixed-use commercial building presents a rare opportunity to own a piece of Winchester's history. Located at 144 Main Street, this iconic property sits in the heart of downtown, offering unparalleled visibility and accessibility. The building features first-floor retail space currently generating income, complemented by two apartments above. One of these apartments is successfully operated as a short-term rental, providing a consistent stream of revenue. The building's strategic location offers easy access to both Keene, NH to the north, and the Massachusetts border and I-91 corridor to the south, making it attractive to a wide range of potential tenants and customers. The 0.03-acre lot provides ample space for the building and potential for future development or expansion. This is an ideal investment for those seeking a blend of commercial and residential income streams in a thriving New Hampshire town. The property's strong rental history and prime location make it a highly desirable asset with significant potential for future growth and appreciation. This is a turn-key opportunity to acquire a well-established and profitable commercial property in a sought-after location. Don't miss this chance to own a piece of Winchester's vibrant downtown.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $618,407
    6.5%
    $570,837
    7%
    $530,063
  • Comparable approach

    Method
    Valuation
    Relative Method
    $760,632
    Geo Method
    $759,610
  • Alternative Use

    Use
    Valuation
    Residential
    $481,523
    Hospitality
    $441,072
    Educational
    $366,967
    Medical
    $379,587
    Retail
    $570,837

Location Insight

City
Winchester
County
Cheshire
State
New Hampshire
Latitude
42.7734
Longitude
-72.3836
CBSA code
28300
CBSA name
KEENE, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,320
$19,400
$85,400
$104,800
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-
-
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FAQs

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