USANHNew London207/209 Main Street
207/209 Main Street, Home with 0 bedrooms, 0 bathrooms and null parking in New London NH | Image 1
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$1,375,000

207/209 Main Street, New London, NH

Real Estate

Sold

$--,---,---
$1,500,000
000

Buyer represented by Alan Croteau of Real Property Options

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $13,513
Approx. Age 1890
MLS® Number 5005799

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to quaint New London - home of Colby Sawyer College. This prime investment property, the Chowanski Plaza, has a prominent eatery with Tucker's Restaurant already leasing one of seven commercial spaces along with many other successful businesses. With plenty of vehicle and foot traffic, any business wanting exposure to enhance their profitability will surely gain success here. The main building has seven free standing spaces. A second detached building offers a mixture of either retail, service and office accommodations. With recent renovations, and being well maintained, it is undoubtedly a distinguished commercial location. The property contains 39 on-site parking spaces and has 4 curbside ones out front. Within walking distance to Colby Sawyer College, New London Barn Playhouse, and many other attractions, Chowanski Plaza has so many opportunities to afford a future owner. As of 01 April 2025, the entire property will be 100% occupied; with a 7.82% cap rate at the offered price!! This may fit well for a 1031 exchange buyer. SELLER IS OFFERING CONSIDERABLE CONCESSIONS FOR A CLOSING NO LATER THAN 31 MAY 2025! SELLERS' CONCESSIONS AT CLOSING AND MANAGEMENT FEES PREPAID FOR THE FIRST YEAR OF OWNERSHIP.Show Description
MLS® Number5005799
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1890
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Propane, undefined
A/CCentral AC
Heating Fuel

Extras

Land/Building

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