Financial
Distress signals
Property profile

357 Central St Franklin, NH 03235

FOR SALE
Other commercial real estate
Property ID
US58-0668650
1,863 SF Built 1900
Last sale Feb 2022 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail condominium located in the Franklin Falls Historic District, positioned on Central Street at sidewalk level and adjacent to the Waterhorse Irish Pub and Restaurant. It is also within walking distance of Trestle View Park and the FSB Amphitheater, and near Mill City Park at Franklin Falls, including New England’s first Whitewater Park, with additional nearby activity around the Buell Block. The building provides on-street parking as well as public parking behind the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$196k
Assessed improvement$196k
Effective rate1.63%

Value estimate

· Sep 2026
$135k
$122k – $149k
AI approach$175k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$4k
Operating expenses−$15k
NOI · 15.74% cap applied$35k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$60 – $233
Qualifying comparables9

Cap rate analysis

How does the asset earn?
15.74%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2
JurisdictionFRANKLIN CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.4
Realty agency11.4
Law Firm11.3

Location

357 Central St Franklin, NH 03235
County assessor Recorded deeds · 1 transfer 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
449 Central, Franklin, NH 03235-2018 $600,000 Mar 2025 1,827 SF
67 Industrial Park, Franklin, NH 03235-2507 $249,933 Aug 2023 1,848 SF
835 Central, Franklin, NH 03235-2026 $725,000 Jul 2023 2,176 SF
355 Central, Franklin, NH 03235-1783 $135,000 Apr 2022 1,421 SF
221 Main, Franklin, NH 03235-1556 $225,000 Jul 2021 1,879 SF
361 Central, Franklin, NH 03235-1784 $239,000 May 2021 2,683 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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