65-71 West Main Street
Hillsborough, NH 03244

MLS ID# 4953852 Active
Investment

$350,000

0 Acreage


Details for 65-71 West Main Street, Hillsborough NH 03244

This property offers many opportunities to a Buyer. There is a Radio Shack retail store under a lease, paying $650 per month plus utilities. Radio Shack is on a month to month basis but has been leasing since February 1, 2019. There is unfinished mezzanine space above their unit. A retail vacancy was just leased for one year commencing March 1st for a day spa. Tenant is paying $700 per month which includes a portion of the water/sewer plus the Tenant pays their separately metered heat and electric. There is a vacancy that was a former antique store. The Main building is 1,344 +/- SF on 2 levels offering many opportunities. The photos depict several items in the main building soon to be auctioned off. There are approximately 18 on site parking spaces. The Seller will be making some repairs to the property as well. The main building has oil heat and has a partial basement. The rental units have propane gas heat and electric heat. There is a new metal roof on the main building and an old metal roof over the rental area. The main building was previously lived in as a house. This is an ideal situation where a Buyer can turn each unit into condos or turn the Main building and the attached 2.965 building with units into 2 condos! Broker is a family member of the Seller.

Features and Details

  • List Date 01/21/2023
  • Category Commercial
  • Type Investment
  • Village/Neighborhood
  • County Hillsborough
  • Acreage 0
  • MLS ID# 4953852

Annual Expenses/Income
Income: 16200
Apx Bldg SqFt
2520
Basement
Stairs - Interior, Unfinished, Yes
Parking
On-Site, Spaces 11 - 20
Lot Description
City Lot
Siding
Clapboard
Total
Units: 4
Utilities
Cable - Available, Internet - Cable
Water
Public
Sewer
Public
Zoning
Commercial-WS
Location
In Town
Property Types
Investment
Property Type Use
Retail Strip
Deed
Book: 2279, Page: 188
Foreclosed/Bank-Owned
: No
Delayed Showings
No
Sale Includes
Building Only
Compensation (explained below)
Sub Agency: 2%, Buyer Agency: 2%
Compensation Disclaimer
The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
Sale Type
Sale
This listing was last updated on 5/23/2023 12:11:50 PM.

Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. Subject to errors, omissions, prior sale, change or withdrawal without notice.