406 Central St, Franklin, 03235

Commercial - Commercial/Industrial For Sale

$650,000

Beds
Baths
Sqft
.17Acres
1920Built
126DOM
MLS® #: 4770303
Active, 126 Days on Market

Rental income property consisting of 11 units, mixed use. Three commercial storefronts, four 2 bedrooms, two 1 bedrooms, and 2 studio apartments, High visibility for retail space with 18,000 traffic count. Become part of a resurgence that is not only changing a city but will potentially impact the entire state of NH. Currently in the Franklin Falls area we are seeing large building renovation projects that are reviving the beauty of the historic buildings. The current improvements visually display all the changes to come! There is consistent movement forward towards the development of Mill City Park, a community Whitewater and outdoor park that capitalizes on nature’s gift of the rivers. The impact of Mill City park is multi faceted; providing outdoor recreation, community growth, and economic expansion with projections over $6.8 million in visitor spending in the Lakes Region! These along with new businesses, including a micro-brewery, and complimentary efforts throughout the city are putting Franklin back on the map! Franklin is a designated Opportunity Zone offering preferable tax benefits for certain new investments! Opportunity to grow, expand or start anew is knocking!

Katelyn Nash, Central Gold Key Realty.

Essential Information

MLS® #: 4770303
Price: $650,000
Bathrooms: 0.00
Acres: 0.17
Year Built: 1920
Type: Commercial
Sub-Type: Commercial/Industrial
Status: Active

Community Information

Address: 406 Central St
Area: Franklin
City: Franklin
County: Merrimack
State: New Hampshire
Zip Code: 03235

Amenities

Utilities: Cable - Available
Parking: On Street

Exterior

Exterior: Brick
Lot Description: City Lot, Sidewalks, Street Lights, Trail/Near Trail
Roof: Membrane
Construction: Masonry
Foundation: Block, Concrete

Additional Information

Date Listed: August 10th, 2019
Days on Market: 126
Zoning: B2

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Listing information last updated on December 15th, 2019 at 7:36am EST.