Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CENTRA · Winchester, NHZoning
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Zoning designation
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The district profile from the municipal source: what is on file for CENTRA in Winchester, NH.
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