Bought with Caitlin Burke with The Boulos Company and Listed by with Carey Giampa, LLC/Portsmouth
Sold
1 Franklin Street
Exeter NH, 03833
$3,400,000
$289.68 per sqft
Sold
11,737 sqft
Commercial
Built in 2018
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 $1,750,000. The 3 apartments as a package at $2.1m.
4889166
MLSⓇ ID
November 2, 2021
Listed
February 19, 2024
Updated
Map
1 Franklin Street
Exeter NH, 03833
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central AC
Heating
Yes
Heating Description
Forced Air, Gas - Natural
Exterior/Building Features
Lot Size
0.64 Acres
Lot Features
Landscaped, Level, Sidewalks
Roof
Other, Shingle
Sewer
Public
Other Property Details
Area Name
NH-Rockingham
Taxes
$66,067
Tax Frequency
Annually
Days on Market
118
Garage
No
Parking
Assigned, Leased, On-Site, Other, Parking Spaces 21, Paved
View
No
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Bought with Caitlin Burke with The Boulos Company and Listed by with Carey Giampa, LLC/Portsmouth
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