378 Main Street
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378 Main Street
20,000 SF Vacant Retail Building Farmington, NH 03835 $249,000 ($12/SF)
Investment Highlights
- Open floor plan
- large footprint
- brick and concrete foundation
- downtown location
Executive Summary
Once a bustling shoe factory manufacturing boys shoes during WWII and now a retail shop selling artifacts from the past with up to 20,000 sq ft of finished space spanning 4 levels. Also included is a modern metal storage building in the back of the property that abuts the Farmington 500 club ball field. This building is wood framed with a brick and concrete foundation and has steel support beams on the bottom levels. This building is packed with period details and is a blank canvas for all of your ideas. Town zoning allows for a number of permitted uses on .56 acres. The building is currently seasonal and has town water and sewer on site as well as 3 phase electricity. This location is 10 minutes from the growing Ridge Marketplace and Maine Boarder. Centrally located in the heart of the downtown area of Farmington, NH. Located across the street is municipal parking and public transportation pick up.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Year Built
1900
Price
$249,000
Price Per SF
$12
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Loading Docks
1 Exterior
Building FAR
0.82
Lot Size
0.56 AC
Zoning
Village Center - Town water and sewer, public transportation across the street, centrally located within walking distance to stores, schools and town services.
Parking
6 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
82 FT on Main Street
Amenities
- Bus Line
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | FRMN-000006U-000000-000132 | Total Assessment | $246,400 |
| Land Assessment | $75,600 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $170,800 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
FRMN-000006U-000000-000132
Land Assessment
$75,600
Improvements Assessment
$170,800
Total Assessment
$246,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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378 Main Street
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