58 Main St.

Retail-Commercial for Sale
Catylist Listing ID: 30500527
Property Subtypes: Street Retail
Building Size (RSF): 5,002 SF
Gross Building Area: See Agent
Sale Price: $349,700
Unit Price: $69.91 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

Check out this great value-add opportunity in downtown Plymouth! Comprised of five commercial units with long term tenants, this multi-unit building is over five thousand square feet and has a lot of potential for a variety of usages. Currently occupied by a yoga studio, salon, insurance office, dry cleaning pickup service,and barber shop, all of these tenants have been in place for at least 5 years and rents have remained consistently low. This property boasts frontage on Main Street with potential to considerably raise rents or reconfigure the layout for a variety of different businesses. This building is a great opportunity for an investor to add a project to their portfolio or for a business owner looking to expand into a new location while still maintaining some additional income. This property is located in a Qualified Opportunity Zone and would be a prime site for redevelopment efforts.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $0 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 110-052-000-000-0000
Zoning: VC
Lot Frontage: 103

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,057 7,717 14,507
Median Age: 20.75 30.73 37.28
Households: 675 2,295 5,200

Contact

Photograph of Listing Agent

Matthew Lefebvre

Elm Grove Realty NECPE Member
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