Prime Mixed-Use Property 6.93% CAP RATE

For Sale

188 W Main St, Hillsborough, NH 03244

This Hillsborough property for sale is located at 188 W Main St. The current listed sale price for Prime Mixed-Use Property 6.93% CAP RATE is $700,000. Prime Mixed-Use Property 6.93% CAP RATE is situated on a lot that is 4.6 acre in size.

Contacts

broker
Krissy LaPorte

Krissy Laporte - KW Commercial - Bedford, NH

Property Details

  • Property Type Retail - Street Retail
  • Property Size 12,622 SF
  • Units 7
  • Lot Size 4.6 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Nov 21, 2024
Area businesses include O'Reilly Auto Parts, UHaul, Aubuchon Hardware, Tractor Supply, Shaws Supermarket, McDonalds and Osram Sylvania Factory. Close proximity to recreational areas like Franklin Pierce Lake and Pat's Peak Ski Area. Approximately 3 miles to Route 202 with easy access to Routes 89, 9 and 31.Discover a thriving commercial property with a consistent rental history sited on 4.6 acres of land. This building boasts 7 units, including 2 apartments and 5 street-level commercial spaces all currently leased. All units have separately metered electrical panels. Situated in a prime location with strong traffic flow and close proximity to the Osram Sylvania factory, retail and food establishments, financial institutions, building supply stores, etc., this property presents an excellent investment opportunity. Unlock extra revenue potential by leasing parking spaces or exploring the possibility of developing the vacant land. 8" water main exists to the back of the property. Key advantages in place, including land in rear, access to water, and preexisting use rights if expanding the laundromat are a consideration. Additionally, a new wash & fold work area has been created, and a transaction window has been installed to support additional retail opportunities. Two new washers have also just been installed to enhance service capacity. Located diagonally across from what will be the newly constructed 84 unit workforce housing development known as Hillsborough Heights Apartments.
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Highlights

  • Opportunity for Vacant Land Development
  • Extra Revenue Potential, Leasing Parking
  • 5 Street-level Commercial Units
  • 2 Apartments on Second Level
  • Strong traffic flow / Excellent Visibility
  • Public Water and Sewer

Getting around

  • 35/100

    Walk Score ®

  • 35/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hillsborough, NH
  • Neighborhood Hillsborough
  • Zip Code 03244
  • Market Boston

Points of Interest

  • Irving

    0.49 miles

  • Citgo

    5.62 miles

  • Ayer & Goss

    6.47 miles

  • Mobil

    6.83 miles

  • Hillsborough Park and Ride

    2.44 miles

  • Weare Town Beach

    6.50 miles

  • Turnpike Trails Parking

    8.22 miles

  • Crotched Mountain Accessible Trail Parking

    9.14 miles

  • Dunkin'

    0.29 miles

  • Yanni Pizza

    0.30 miles

  • McDonald's

    0.53 miles

  • Tooky Mills Pub & Restaurant

    0.83 miles

  • Taco Beyondo

    1.00 miles

  • Rick & Diane's

    5.73 miles

  • Betsy's

    6.52 miles

  • Chen Yang Li

    6.54 miles

  • Sonny's

    6.54 miles

  • Daniel's Restaurant

    6.57 miles

  • Shaw's

    0.35 miles

  • Harvester Market

    6.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Krissy LaPorte

Krissy Laporte - KW Commercial - Bedford, NH