Property summary
This exceptional turnkey opportunity presents a well-established gas station and convenience store ideally situated on a prominent 0.31-acre corner lot at 449 Central Street in Franklin, New Hampshire. The 1,827 square foot building benefits from exceptional visibility and signage due to its location in a high-traffic commercial zone. Convenient public parking nearby ensures a consistent flow of walk-in customers, contributing to strong daily foot traffic. Franklin is undergoing a significant revitalization, with key projects enhancing the city's appeal and attracting new residents and businesses. A notable development is Mill City Park at Franklin Falls, New England's first community whitewater park, transforming the area into a recreational and tourism hub, connecting the community to the Winnipesaukee River and offering year-round activities. The redevelopment of historic mill buildings into modern housing and commercial spaces further contributes to the city's revitalization. This thriving environment offers substantial potential for business growth. The gas station and convenience store are fully operational, providing a smooth transition for new ownership. The ongoing redevelopment efforts, particularly the Mill City Park project, promise a significant increase in the customer base and revenue potential. This is a unique chance to become part of Franklin's exciting resurgence. The asking price for this property is $650,000.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store Convenience Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B2 · Franklin, NHZoning
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Zoning designation
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