List Price: $499,877 | $39 per sq.ft. Commercial
Space type Bank,Food Service,Free Standing Building,Office Building
Price Change! Reduced by $295,123 down 59% on April 17th 2024

Date Listed Tuesday Dec 19, 2023 | MLS# 4980468


Address: 4 Central Street Farmington NH
Listed by Viktoria Alkova KW Coastal and Lakes & Mountains Realty
Description:
Located in the heart of downtown Farmington, New Hampshire, this iconic property, formerly home to the Farmington National Bank, presents a unique and compelling opportunity for transformation. The practical advantage of generous on-site surface parking, along with the convenience of an elevator, enhances accessibility for future residents. The ground level comes with an existing drive-thru, featuring two lanes - an enticing potential for retail ventures. Zoning permits residential use on the second floor, while the ground level allows for restaurant, retail or office establishments among other commercial uses. Located on an oversized corner lot (0.71 acres) and adjacent to the city library, this property offers an attractive location for mixed-use re-development. Take advantage of truly unique and compelling opportunity for conversion.
Building Type : Multi-Family | Office | Opportunity | Other | Retail

Disability Features : Handicap Modified

Misc : Elevator - Passenger

Sale Includes : Land/Building

Features
Rail Service: No
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1970
Wood Frame | Brick Exterior
Price Per SQ.FT. 39.14 Eevators 1
No. of Units: 1
Building Size : 12772
Available SQFT : 12772
Building Type: Multi-Family | Office | Opportunity | Other | Retail

ExteriorRoof: Flat | Tar and Gravel

InteriorBasement: Concrete | Concrete Floor | Storage Space | Sump Pump | Interior Access

Land Information

Lot size: 0.71 acres
Zoned: VC VIL
Flood Zone: Yes
Road Frontage: 355
Garage And Parking: On Street | Paved
Road Frontage: 355
No. of Docks | 0.

UtilitiesHeating: Forced Air
Utilities: Cable
AC % | 0.

Additional Information
Easement - No
Taxes $23,967
Assesed Value Not Reported
Schools

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