192 Central Street

Retail-Commercial for Sale
Catylist Listing ID: 30631474
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,328 SF
Gross Land Area: 0.70 Acres
Sale Price: $499,990
Unit Price: $93.84 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2020

Overview / Comments

Franklin, NH - 03235 Prime city location! Outstanding visibility at this level 0 .70 corner lot with 330+- feet of road frontage and 45 +/- parking spaceswhich is accessible from both highly traveled Routes 3/11 and West Bow Street/NH Route 127.. Zoned B1 Low-Density Business and Commercial, the location has a 16,000+ daily traffic count and would be ideally suited for a possible drive-through operation. The current building has 5,328+- square feet on two levels with large opengathering spaces and is handicap accessible. The main level includes a large function room with seating area for 200+-, a commercial sized kitchen and 2 bathrooms. Thelower level is a lounge with a full length bar, 2 meeting rooms, 2 offices and 2 bathrooms.

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 117/130
Zoning: BI
Retail Clientele: General, Business, Traveler, Tourist, Other
Property Located Between: Downtown Franklin and Sanbornton
Property Visibility: Excellent
Largest Nearby Street: US Route 3/Central St
Feet of Frontage: 330
Traffic/Vehicle Count: 16,000
Highway Access: On US Route 3. 8+- miles from I-93, Exit 20
Airports: Laconia, Manchester
Site Description: Level, open lot.
Area Description: Downtown area just outside of Main Street
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1950
Roof Type: Flat
Construction/Siding: Stresskin, Stucco, Vinyl Siding
Total Parking Spaces: 40
Parking Type: Surface
Parking Description: Paved parking surrounds the building
Heat Type: Natural Gas, Hot Water
Internet Access: Cable
Interior Description: See comments
Lot Frontage: 330
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,834 11,026 14,099
Median Age: 38.94 40.54 40.93
Households: 1,904 4,312 5,619

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