65-71 West Main Street
Hillsborough, NH 03244
MLS ID# 4953852 Active
Investment
$350,000
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