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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