List Price: $309,000 | $203 per sq.ft. Commercial
Space type Retail Condo
Price Change! Reduced by $15,500 down 5% on October 22nd 2024
The lofts at shepard block-auerbach building subdivision,    Listed Wednesday Jul 3, 2024 | MLS# 5003433


Highly visible downtown retail condo in the heart of the Franklin Falls Historic District. Be a part of the revitalization of the Mill City and locate your future business here, diagonally across from the Franklin Opera House and a block or two from Trestle View Park, Mill City Park (New England's first Whitewater Park), The Winnipesauke River Trail and more. 153 NEW residential units just opened up in the restored JP Stevens Mill building, New downtown lofts style condos are also almost fully completed and occupied and Franklin is sharpening its image as an outdoor destination. More economic developments are in the works! Not quite ready yet? That's alright! Invest now before increasing demand prices you out because this unit is already leased for $1,600 mo until March 2026 to an excellent tenant. New heating/cooling units were just installed in March. Need help? Don't know where or how to start your own business? We can help get you pointed in the right direction!
Building Type : Retail

Sale Includes : Building Only | Other

Signage: Adequate
Income
Net Income| 0
Gross Income| 19200
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1900
Masonry | Brick Exterior | T1-11 Exterior
Price Per SQ.FT. 203.42 No. of Units: 1
Building Size : 1519
Available SQFT : 1695
Divisable SQFT : No
Building Type: Retail

ExteriorRoof: Membrane

InteriorBasement: Concrete Floor | Full | Stairs - Interior | Storage Space | Sump Pump

Land Information

Lot size: 0 acres
Zoned: B2
Flood Zone: No
Garage And Parking: Leased | On-Site | On Street
No. of Docks | 0.

UtilitiesHeating: Electric | Heat Pump | Multi Zone | Mini Split
Cooling: Multi Zone | Mini Split
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable - At Site
AC % | 0.



Docs Available : Association Docs | Covenants | Deed
Easement - Yes
Taxes $3,187
Assesed Value Not Reported
Schools

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