List Price: $1,500,000 | $123 per sq.ft. Commercial
Space type Food Service,Office Building,Retail Strip,Storefront
Price Change! Reduced by $300,000 down 20% on November 18th 2024
Chowanski plaza subdivision,    Listed Friday Jul 19, 2024 | MLS# 5005799


Welcome to quaint New London - home of Colby Sawyer College. This prime investment property, the Chowanski Plaza, has a prominent eatery with Tucker's Restaurant already leasing one of seven commercial spaces along with many other successful businesses. With plenty of vehicle and foot traffic, any business wanting exposure to enhance their profitability will surely gain success here. The main building has seven free standing spaces. A second detached building offers a mixture of either retail, service and office accommodations. With recent renovations, and being well maintained, it is undoubtedly a distinguished commercial location. The property contains 39 on-site parking spaces and has 4 curbside ones out front. Within walking distance to Colby Sawyer College, New London Barn Playhouse, and many other attractions, Chowanski Plaza has so many opportunities to afford a future owner. This may fit well for a 1031 exchange buyer.
Building Type : Business | Hospitality | Investment | Office | Opportunity | Retail

Disability Features : Access Parking | Hard Surface Flooring | Paved Parking

Misc : Fire System | Phone System | Public Restrooms | Security System | Smoke/Heat Detectors | In-Unit Bathroom

Sale Includes : Land/Building

Signage: Adequate
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1890
Post and Beam | Wood Frame | Clapboard Exterior | Stone Exterior | Wood Exterior
Price Per SQ.FT. 122.69 No. of Units: 7
Building Size : 12226
Available SQFT : 10066
Building Type: Business | Hospitality | Investment | Office | Opportunity | Retail

ExteriorRoof: Metal | Shingle - Architectural

InteriorBasement: Concrete | Concrete Floor | Dirt Floor | Partial | Stairs - Exterior | Storage Space | Sump Pump | Unfinished

Land Information

Lot size: 0.76 acres
Zoned: Commercial
Flood Zone: Unknown
Road Frontage: 136
Garage And Parking: Off Street | On-Site | On Street | Parking Spaces 21+ | Paved | Unassigned
Road Frontage: 136
No. of Docks | 0.

UtilitiesHeating: Forced Air | Propane
Cooling: Central AC
Electric: 200 Amp | 220 Volt | Circuit Breaker(s)
Utilities: Cable | Gas - LP/Bottle | Multi Phone Lines
AC % | 100.



Docs Available : Deed | Lease Agreements | Property Disclosure | Tax Map
Taxes $13,513
Assesed Value Not Reported
Schools

© 2000-2024 Clerkin Agency Real Estate
NEREN Logo
565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 23rd, 2024

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM