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1 Franklin StreetExeter, NH 03833MLS Number 4889166

  • Price: $4,500,000
  • 33 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
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  • 0.64Acreage
  • 2018Year Built
  • 11,737Square Feet
  • ActiveMLS Status
1 Franklin Street is a legacy, one-of-a-kind mixed-use building covering 14,006 SF located in the heart of historic Exeter, New Hampshire. The property's ground floor features a high-end commercial space designed in 2018 as a private dining and social club with a commercial kitchen, dining room and bar, living room, library, private dining, and office. Enjoy extensive outdoor gathering spaces that include covered patios, porches, fire pits, and gardens. 1 Franklin Street's second floor is dedicated to three fully leased luxury residential apartments. The property also boasts 31 coveted parking spaces in a central downtown block. This is an unparalleled opportunity for an owner-user, pairing the robust rental income from the three apartments with a myriad of possibilities for the ground floor commercial space. Completely adaptable, explore potential opportunities such as a luxury boutique office space, exquisite event venue/restaurant, or commercial or residential condos. Additionally, the current building owner operates the exclusive catering and event company, Bungalow Club Events, which can also be sold with the property or continue as a tenant. The owner is open to selling the ground floor commercial space only - inquire for details. 1 Franklin Street is only steps away from Downtown Exeter's finest restaurants, shops, inns, museums, and art galleries. Commercial ground floor space is available for $2.3. The 3 apartments as a package at $2.2.
Listed by Nick Ponte and Jim Giampa of Carey Giampa,LLC/Portsmouth

Driving Directions

Gilman Real Estate
Gilman Real Estate
Office: 603-772-0808
39 Front St
Exeter, NH 03833

More Info

Basic Information

  • StatusACT
  • Modification Date11/03/2021
  • TypeInvestment
  • List Price$4,500,000
  • Broker NameCarey Giampa, LLC/Portsmouth
  • Listing Agent NameNick Ponte
  • Lister Office NameCarey Giampa, LLC/Portsmouth
  • MLS Number4889166
  • MLS StatusActive

Other

  • View Count8

Location

  • Building Number1
  • StreetFranklin Street
  • TownExeter
  • StateNH
  • Zip03833
  • CountyRockingham
  • Map72

Exterior

  • ExteriorOther
  • RoofOther, Shingle

Utilities

  • FuelGas - Natural
  • Heating CoolingForced Air

Building

  • Year Built2018
  • ConstructionWood Frame
  • FoundationConcrete
  • Square Feet11,737
  • Garage Spaces

Property

  • Acreage0.64
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft27,878

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 December 4, 2021.

 

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