130 Main St Winchester, NH 03470
- Showrooms
- 6,396 SF
- 0.06 lot acres
Current Use by Public Records
- Showrooms
Property Details for 130 Main St
- Year built
- 1875
- Lot size
- 0.06 lot acres
- Property size
- 6,396 SF
- Zone code
- CENTRA
- Property type
- Showrooms
- APN
- WNCH M:00026 B:000026 L:000000
- APU
- WNCHM00026B000026L000000
Description
This exceptional 5,987 square foot commercial building presents a unique development or investment opportunity in the heart of Winchester, NH. Situated on a 0.06-acre lot at 130 Main Street, this classic structure offers significant potential for a variety of uses. The ground floor boasts commercial space, currently permitted for a cafe, but adaptable to other retail ventures. Above, three and a half residential apartment units provide additional income streams or housing options. The property's strategic location next to the thriving Sweetwater Distillery positions it perfectly to capitalize on the ongoing revitalization of downtown Winchester. This presents a chance to contribute to the community's growth while securing a strong return on investment. The building's existing structure provides a solid foundation for renovation or redevelopment, allowing for creative vision and customization. With its prime Main Street address and proximity to a successful local business, this property offers a compelling blend of commercial and residential potential, making it an attractive proposition for both investors and entrepreneurs seeking a vibrant and growing market. The existing permits for cafe use on the ground floor streamline the process for prospective buyers looking to establish a food and beverage business. The three and a half residential units offer flexibility for various housing configurations, catering to a range of rental needs. This is a rare opportunity to acquire a substantial property in a revitalizing downtown area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $330,000
- 7%
- $380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $280,000
- Mixed-Use
- $310,000
- Hospitality
- $325,000
- Educational
- $320,000
- Residential Income
- $290,000
- Energy
- $305,000
- Income-Based Land
- $320,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Cheshire
- State
- New Hampshire
- Longitude
- -72.3839
- Latitude
- 42.7732
- CBSA code
- 28300
- CBSA name
- KEENE, NH MICROPOLITAN STATISTICAL AREA