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188 Main St Hillsborough, NH 03244

For Sale
$700,000

7-Unit Multi-Family & Commercial Complex

Property size:
12,622 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional investment opportunity presents a thriving 12,622 square foot commercial property situated on a sizable 4.6-acre lot in Hillsborough, NH. The property features seven income-generating units, a compelling mix of both residential and commercial spaces. Two apartments and five street-level commercial spaces are currently leased, providing a consistent rental history and immediate cash flow. Each unit benefits from its own separately metered electrical panel, simplifying utility management and tenant billing. The property's prime location on West Main Street ensures high visibility and strong traffic flow. Its strategic proximity to major employers like the Osram Sylvania factory, coupled with its convenient access to a variety of retail, food, financial, and building supply establishments, guarantees a robust tenant pool and sustained demand. This translates to a secure and potentially lucrative investment. The expansive 4.6-acre lot offers significant potential for future development or the generation of additional revenue streams through the leasing of parking spaces. This well-maintained property represents a rare chance to acquire a diversified commercial portfolio with immediate income and substantial long-term growth potential in a desirable New Hampshire location. The asking price is $700,000.

Property Features for 188 Main St

General Information

Property type
Other commercial real estate
Square Feet
12,622 SF
Lot Size
200,376 SF

Building Details

Year Built
1900

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hillsborough
County
Hillsborough
State
New Hampshire
Longitude
-71.90851
Latitude
43.11034

FAQs

What type of property is this?
Commercial real estate - 7-Unit Multi-Family & Commercial Complex
Where is this commercial real estate located?
The property is located at 188 Main St Hillsborough, NH.
What is the asking price?
The asking price for this property is $700,000.
More about this property
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