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4 Main St
Goffstown, NH 03045
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,261 SF
Building Class
C
Year Built
1800
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.49
Lot Size
0.17 AC
Zoning
VCD
Parking
6 Spaces (0.53 Spaces per 1,000 SF Leased)
Frontage
87’ on Main St

ABOUT 4 MAIN ST , GOFFSTOWN, NH 03045

Goffstown: Solid 8-Unit building! Great location: Center of town, across from Town Park, between 2 churches. 5 commercial, 3 apts. Vinyl-sided, Mansard & hip-style commercial-shingled roof. 12 car parking plus more on side street; 5 prominent commercial clients on sidewalk level and 3 apartments on 2nd floor. 3rd floor was Odd Fellows Lodge Meeting Hall for years. 50+/- year owners; long-term tenants (TAWs,but they'd like to be leased) 2 new Trio-brand boilers,w/superstore hot water, heats entire building very efficiently; rents include heat,hot water, electric. Owner will pay for new, larger water tap coming into bldg in summer, 2017, when town plans to repave sidewalks,etc. (Not on Historic Register: owner's choice). Ideal for investor, with many updates & improvements done. Sturdy beams & framework made of rare chestnut wood (which bugs hate!). Income: $82,200.: Expenses: $30,517.; NOI $51,683. (9.4% Cap rate) 80% financing avail,4-1/2%+/- int.rate; 25 yr term, w/reviews. 20.5% return on cash down. Central location, downtown

PROPERTY TAXES

  • Listing ID: 7024129

  • Date on Market: 5/2/2017

  • Last Updated:

  • Address: 4 Main St, Goffstown, NH 03045