Freedom Village Store

Retail-Commercial for Sale
Catylist Listing ID: 30667624
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 4,692 SF
Gross Building Area: See Agent
Sale Price: $389,000
Unit Price: $82.91 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/5/2021

Overview / Comments

OWN A PIECE OF NEW HAMPSHIRE HISTORY! Built in 1860, the "Freedom Village Store" has long been the centerpiece of community, commerce, and camaraderie of this small central New Hampshire village. Currently, a general store is operated on the building's first floor by a non-profit group with the same name that leases the space. The second and third floors are designated as office/business spaces with tenants such as a massage therapist. The property has stunning water frontage on Cold Brook, just downstream from a dam. The dam creates a beautiful waterfall that can be observed from the large rear deck on the first floor or from many of the windows on the second and third floors. The over-sized attached barn was historically used as a carriage house. It offers a ton of storage space or the potential for additional finished space. The town of Freedom's ZBA has permitted the building's second and third floor to be converted to a single two bedroom apartment, should a buyer be interested in residential uses.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $5,086 (Annual)

Current Tenants

Tenant Business Name Freedom Village Store
Website URL http://www.freedomvillagestore.org
Is Renting? Yes

Additional Details

Nearest MSA: Laconia
County: Carroll
Submarket/Township: Lakes Region
Submarket Type: Historic District
Tax ID/APN: Map 51 Block 0 Lot 33
Zoning: VILLAGE RESIDENTIAL
Retail Clientele: General
Property Visibility: Good
Highway Access: NH Route 25
Tenancy: Multiple Tenants
Number of Stories: 3
Property Condition: Good
Year Built: 1870
Construction/Siding: Vinyl Siding
Heat Source: Baseboard
Lot Frontage: 60
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,489 4,452
Median Age: 52.95 47.69
Households: 699 1,941

Contact

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