Active With Contract
MLS Number 4889166
- Year Built 2018
- Acreage 0.64
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.
Listed by Nick Ponte and Jim Giampa of Carey Giampa,LLC/Portsmouth