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    OFF-MARKET
    Commercial real estate

    636 Main St, Tilton, NH 03276-5031

    2,599 SF 0.48 ac lot Built 1985
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US58-0181792
    Property summary
    AI-generated overview

    This exceptional commercial property at 636 W Main Street, Tilton, NH, presents a lucrative investment opportunity. The 0.48-acre lot boasts two well-maintained office buildings, one constructed in 1985 and the other in 1998. Both buildings are equipped with HVAC systems, ensuring year-round comfort for tenants. Currently, five tenants occupy the space, providing a stable income stream. A portion of the space is currently used by the owner but will be vacated upon sale, offering flexibility for the new owner. One building is occupied by a single tenant, while the other houses multiple businesses. The property features ample parking for all tenants and offers excellent visibility due to its prime location on Route 3. A prominent, newly installed LED sign enhances visibility, although its use is currently restricted to on-site businesses. Recent upgrades include new paving and flooring, reflecting the property's well-maintained condition. The versatile layout of the buildings allows for potential subdivision of existing spaces to accommodate additional tenants, increasing rental income potential. The asking price is $850,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1985
    Total area 2,599 SF
    Lot 0.48 ac (20,909 SF)
    Zoning code GENERA
    APN TILT M:00R26 B:000026 L:000000
    UPID US58-0181792
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Granite State Septic Design General Contractor
    • Tully Real Estate Solutions Property Management Company
    • Shannon Greenwood - State Farm Insurance Agent Insurance Agency
    • H&R Block Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Old Town Investments LLC · 6 yrs held
    Old Town Investments LLC
    since 2020
    Last sale
    $300,000
    4 recorded transactions
    2020
    2020
    $300,000
    2006
    1969
    Zoning & alternative use
    GENERA · Tilton, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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