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Claremont NH Commercial Listing $250000 to $500000
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Description:Excellent Investment Opportunity!! This Historic Downtown Building is now for sale. The Restaurant space is in an active lease until 2027 and additional monthly income is generated with the rental of the fully renovated apartment on the second floor. The owner pays for Water and Sewer for this building. All other expenses are paid by the tenants. The Seller owns the restaurant and use of that space is negotiable.
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Description:6 acres overlooking downtown. Zoned up to 52 units. Potential for additional uses; assisted living, hotel. Highest elevation in city offers commanding views of downtown, and VT mtns. Additional 24 acres adj. as possible add on. 5 min walk to center of town. 1 mile to Walmart and regional shopping. Quiet dead end location. The subject site is perched at the highest elevation in the core area. Offering panoramic views of VT, Downtown mill bldgs, area hills. 1/4 mile to most retailers. Easy walk to the town center thru a city park, over the Sugar River on a pedestrian bridge with views of the falls, to restaurants, etc. Even with its central location the site is private and quiet with 25 acre city owned land abutting (possible expansion area). Zoned CR-2 (MF up to 52du) Assisted living by special exception. City open to discussion on office or hospitality, medical. Town water and sewer. Existing 3BR rental house. Broker Interest. Claremont NH, a sudden and strong rebirth with major new development investments recently in market rate housing. A historic town that showcases beautiful architecture throughout the city created from its glorious past. Several new manufacturing companies relocated and expanded. Recent uptick of small businesses. Downtown has undergone major infrustrure improvements and continues to support and encourage addt businesses. Over the last few years virtually all the industrial vacancies have been absorbed.