115/117 Main Street, Colebrook, NH
Residential Income
Listed by RE/MAX Northern Edge Realty/Colebrook · Francine Rancourt
Property Description
NEW PRICE WILL ALLOW FOR YOUR DEVELOPEMENT NEEDS. 1.4 ACRES OF PRIME LEVEL LAND IN THE CENTER OF TOWN! On Main Street, this well-maintained building with over 6200 sq ft of living space is filled with town history from the first Post Office to a hospital to an inn and tavern to the former Nugent Motor Company and still in the Nugent family. Currently the front commercial space is well appointed and houses "Creative Native", a store filled with crafts, collectables, art, jewelry and beautiful gift ideas. Upon the sale of property, inventory will be removed (manly consignments) and this large space will be available for commercial use again or transferred into another apartment. Besides this storefront, there are 4 units. 3 of the units have access to the pleasant, covered porches in the rear. One tenant is himself using 3 units. Upon the sale, this tenant will be moving. The last unit is the owner's living quarters and has direct entry to the garage. There is room for increase income as currently one tenant is using all 3 two-bedroom units. Maintenance & updates include a new storage shed, freshly painted exterior, standby generator and an extensive video surveillance camera system. The amount of land included offers so much potential for unique commercial development. Possibly a motel, private restaurant, popular food chain or store, or keeping the existing building for income and building a new residence in the back or another apartment building.. Endless opportunities. The land is actually 2 parcels combined. Bring your ideas to realization! The new price, the location and the size of this property downtown offers potential like no other!
Property Details
Essentials & finishes
- SqFt:6,267
- Price / SqFt:$95.26
- Property Type:Residential Income
- Year Built:1890
- County:NH-Coos
- Town:Colebrook, NH
- Status:Active
- Days on Market:81
Primary Features
Interior Features
Location Information
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $10,149 |
| 2023 | $9,895 |
| 2022 | $9,642 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Colebrook50
- Average list price$288,933
- Price range$109,999 – $669,000
- Market sentimentBuyer's Market
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- Principal & Interest$3,019
- Property Tax$846
- Home Insurance$124
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 50 active · 0 sold in Colebrook (last 90 days)
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