Catylist ID:
#30848411
Quaint Downtown Retail Building for Sale/Lease
Retail-Commercial
for Sale
| Catylist Listing ID: | 30848411 |
| Property Subtypes: | Free-Standing Building, Restaurant, Retail-Pad |
| Building Size (RSF): | 7,785 SF |
| Gross Building Area: | 8,685 SF |
| Sale Price: | $1,500,000 |
| Unit Price: | $192.68 PSF |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Grove Village Shops |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/11/2024 |
Overview / Comments
|
This three unit building in the heart of downtown Peterborough is ideal for an owner user or an investor. Currently with one tenants Thai Cafe. Formerly home to a local chocolate / Ice Cream Store this masonry building has both charm, and endless possibilities. Permitted uses include: 1. Residential Uses. 2. Lodging Establishments. 3. Retail Establishments. 4. Restaurants. 5. Conference Facilities. 6. Personal and Professional Services. 7. Health Care Facilities. 8. Residential Care Facility [Added 5/14/19] 9. Residential Drug and Alcohol Treatment Facility [Added 5/14/19] 10. Museums, Theaters and Galleries. 11. Public or Private Recreational Facilities. 12. Public/Semi-Public Uses. 13. Parking facilities not associated with a permitted use. 14. Light industry, provided the use occupies no more than 5,000 square feet of the gross floor area and is entirely enclosed within buildings. 15. Associated Accessory Uses Just to name a few. Peterborough is a town in Hillsborough County, New Hampshire, United States. The population was 6,418 at the 2020 census. It is located along the Contoocook River at the junction of U.S. Route 202 and New Hampshire Route 101. Peterborough is 38 miles (61 km) west of Manchester and 72 miles (116 km) northwest of Boston. |
Attachments & Media
Financials
| Finance Data Year | 2023 |
|---|---|
| Real Estate Taxes - Annual($) | $1 (Annual) |
Additional Details
| Nearest MSA: | Manchester-Nashua |
| County: | Hillsborough |
| Tax ID/APN: | U017-027-000 |
| Zoning: | DOWNTOWN COMMERCIAL DISTRICT |
| Retail Clientele: | General, Business, Traveler, Tourist |
| Property Visibility: | Good |
| Largest Nearby Street: | Grove St |
| Feet of Frontage: | 170 |
| Traffic/Vehicle Count: | 4,480 |
| Highway Access: | NH route 101 |
| Airports: | Manchester Regional (MHT) |
| Area Description: | Bring your bold ideas and unleash your entrepreneurial passion in this small town where you will find deep community engagement and unparalleled intellectual capital. A town of 6,500 residents and one of New Hampshire’s oldest, Peterborough has all the beauty and charm of a classic New England village, but there is something quite different in the air here; a culture unlike any other. Here you will find the first tax-supported library in the country, the State’s oldest certified organic farm, and the largest solar array in all of New Hampshire, alongside the largest cannabis cultivator in the State, and the largest whiskey bar. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Property Condition: | Good |
| Year Built: | 1975 |
| Roof Type: | Flat |
| Construction/Siding: | Block |
| Parking Type: | Surface |
| Sprinklers: | Wet |
| Heat Type: | Propane |
| Heat Source: | Central |
| Zoning Description: | The purpose of the Downtown Commercial District is to provide for a mix of mutually supporting uses, both business and residential, serving local, regional, and visitor markets within a pedestrian-oriented environment and a storefront character, doing so compatibly with the existing community character. A defining characteristic of this District is that it is pedestrian-oriented. |
| Lot Frontage: | 170' Frontage |
| Lot Depth: | 308 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,148 | 6,188 | 11,548 |
| Median Age: | 43.67 | 45.28 | 44.61 |
| Households: | 996 | 2,723 | 4,720 |
Contact
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
