42 Main St Antrim, NH 03440
- Office buildings
- 35,789 SF
- 2.07 lot acres
Current Use by Public Records
- Ragdoll Studio LLC / Animation Studio
- Antrim Commons / Community Center
- Avenue A Teen and Community Center / Youth Center / School
- The Arvigo Institute / Education Center
- PROJECT RESOURCE GROUP LLC / General Contractor
Property Details for 42 Main St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 2.07 lot acres
- Property size
- 35,789 SF
- Zone code
- VILLAG
- Property type
- Office buildings
- APN
- ANTR M:104 B:106
- APU
- ANTRM104B106
Description
This exceptional redevelopment opportunity in Antrim, NH, presents two buildings totaling 35,789 square feet on separate lots, plus a parking lot across the street. The property, situated on Main Street, enjoys a high walk score and prime location on a major commuting route. One building, facing Main Street, currently houses commercial tenants and one residential apartment, offering immediate income potential and significant renovation possibilities. The adjacent building, on High Street, separated by a small stream, is ready for conversion into additional residential units or other uses. The third lot provides ample parking. The property boasts 36 units across two buildings, built in 1900, and sits on a combined lot size of 89,595 square feet. Zoned Village Business W + S, this property offers a unique blend of existing income and substantial upside potential for developers seeking to capitalize on the growing demand for housing in a charming New Hampshire town. The asking price is $950,000. This is an ideal project for those seeking to contribute to the housing needs of the area while enjoying the benefits of a vibrant downtown location. The property's multi-use zoning allows for flexibility in development plans, catering to a variety of needs and maximizing investment returns.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $520,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $420,000
- 6.5%
- $485,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $470,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $385,000
- Mixed-Use
- $380,000
- Hospitality
- $350,000
- Educational
- $435,000
- Residential Income
- $445,000
- Energy
- $380,000
- Income-Based Land
- $475,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Antrim
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.9383
- Latitude
- 43.0277
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA