Mixed-Use Property with
For Sale
$1,375,000
406 - 414 Central Street, Franklin, NH 03235
Residential apartments above ground-floor commercial space, with renovations underway across much of the property.
Property SizeContact for details
Days on Market430
Property Features for 406 - 414 Central Street
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Opportunity Zone
Yes
Amenities
security cameras
freshly paved parking area
coin-op laundry
Cable Ready
Natural Gas
Hot Water
Cable, Flat
Building Details
Year Built
1920
Listing Agency:
KW Coastal and Lakes & Mountains Realty
Listed By:
Viktoria Alkova · License #074657
(646) 577-1194
Source:
Kw
Added: Jul 3, 2025
Changed: Sep 4
Last Checked: Sep 4 at 3:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Coastal and Lakes & Mountains Realty
Investment Insights
Based on property information with market context.
This mixed-use property combines residential apartments with retail space at street level. Most apartments have been updated, and the unit mix is weighted toward two-bedroom layouts, along with two one-bedroom units and two studios. Retail areas are either renovated or in the process of being upgraded. Electric service is separately metered, with usage paid by residents. The property was built in 1920 and includes natural gas, hot water, cable readiness, and a flat exterior roof system.
On-site amenities include coin-operated laundry, security camera coverage, and a recently paved rear parking area. The property is located in Franklin near the ongoing development of Mill City Park and within an Opportunity Zone. A three-year lease with annual rent escalations is in place. The asset is offered as part of a 39-unit portfolio that may be acquired together or separately.
On-site amenities include coin-operated laundry, security camera coverage, and a recently paved rear parking area. The property is located in Franklin near the ongoing development of Mill City Park and within an Opportunity Zone. A three-year lease with annual rent escalations is in place. The asset is offered as part of a 39-unit portfolio that may be acquired together or separately.
Key Highlights
- Mixed‑use configuration with apartments and ground‑floor retail
- Unit mix includes primarily 2‑bedroom apartments, plus 2 one‑bedroom units and 2 studios
- Most residential units have been renovated; retail areas are renovated or under upgrade
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Explore this area
Business Placement
Demographics for 03235, NH
8,856
Population
4,021
Households
2.2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
29.8 sq mi
ZIP Area
297
Density / Sq Mi
$69,921
Median Household Income
$41,333
Median Earnings
$1,088
Median Rent
$244,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential apartments above ground-floor commercial space, with renovations underway across much of the property.
Where is this mixed-use property located?
The property is located at 406 - 414 Central Street Franklin, NH.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Mixed‑use configuration with apartments and ground‑floor retail; Unit mix includes primarily 2‑bedroom apartments, plus 2 one‑bedroom units and 2 studios; Most residential units have been renovated; retail areas are renovated or under upgrade
