115/117 Main St Colebrook, NH 03576
- Multifamily properties
- 7,102 SF
- 1.40 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 115/117 Main St
- Year built
- 1890
- Lot size
- 1.40 lot acres
- Property size
- 7,102 SF
- Property type
- Multifamily properties
Description
This exceptional multi-family property at 115/117 Main Street, Colebrook, NH, presents a rare investment opportunity in the heart of town. The 7,102 square foot building sits on a sizable 1.4-acre lot, offering significant potential for future development or expansion. The property includes remodeled owner's quarters, a currently rented storefront, and three additional apartments, all in excellent condition. Recent upgrades include exterior painting, a standby generator, a new utility shed, some new flooring, an upgraded video surveillance system, a new garage overhead door, and a new private direct entry from the garage to the building. The property boasts a newly paved driveway off Main Street with access to town water and sewer. The adjacent, nearly full-acre lot, is fenced and level, presenting possibilities for additional commercial development (such as a restaurant or motel) or simply a lucrative resale opportunity. All systems are well-maintained and in excellent working order. This versatile property has a rich history, having served as a post office, hospital, inn, tavern, and most recently, the home of Nugent Motor Company and currently, Creative Natives, a thriving gallery. This is a chance to own a piece of Colebrook's history while capitalizing on its promising future. The asking price is $1,200,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colebrook
- County
- Coos
- State
- New Hampshire
- Longitude
- -71.4345
- Latitude
- 44.9068
