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Listing Details

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School Ratings & Info

Listing courtesy of Ronald Decola of Ronald K Decola.

Description

Historic 100,000 +/- s.f. mill located directly on The Sugar River in Newport, NH Previous owner has put approximately $5 Million in building upgrades. Property includes a fully approved, 70-unit apartments & a to-be-built, 64-unit self storage facility on an adjacent and separate lotMain mill qualifies for approximately $2.9 Million in historic tax credits. Both properties qualify for a local real estate tax freeze of 5 or more years (NH RSA 79-E). Both projects are shovel ready. Property located in an Opportunity Zone. Only 6 miles to Lake Sunapee and Mount Sunapee Ski Area and 35 minutes to Dartmouth University & Medical Centers. All state and local zoning approvals in place.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-09-18T18:09:29.727.
www.centralmahomesnow.com/homes/120415331
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169 Sunapee Newport, NH 03772

  • Price: $3,500,000
  • Status: Active
  • Updated: 75 min ago
  • MLS #: 72880702
0
Beds
0
Baths
0
½ Baths
N/A
Acres
103,400
SQFT
$34
$/SQFT
1905
Built
Neighborhood:
Other
County:
Sullivan
Area:
Other
Property Description
Historic 100,000 +/- s.f. mill located directly on The Sugar River in Newport, NH Previous owner has put approximately $5 Million in building upgrades. Property includes a fully approved, 70-unit apartments & a to-be-built, 64-unit self storage facility on an adjacent and separate lotMain mill qualifies for approximately $2.9 Million in historic tax credits. Both properties qualify for a local real estate tax freeze of 5 or more years (NH RSA 79-E). Both projects are shovel ready. Property located in an Opportunity Zone. Only 6 miles to Lake Sunapee and Mount Sunapee Ski Area and 35 minutes to Dartmouth University & Medical Centers. All state and local zoning approvals in place.
Exterior Features

Construction Brick Driving Doors 2 Frontage 300.00 Loading Docks 1 Location UrbanRuralHistoric Parking Features Open Parking Spaces 150 Railroad Siding No Roof Material Membrane Site Condition DryOpenImproved Stories 4 Underground Tank No

Interior Features

Ceiling Height 15 Elevator Yes Maf Building Sq Ft 900.00 Ref Building Sq Ft 1300.00 Rsf Building Sq Ft 0.00 Sprinklers Yes Total Building Sq Ft 103400.00 Waf Building Sq Ft 100000.00

Property Features

Assessed Value Building 2792000.00 Assessed Value Land 294600.00 Assessed Value Total 3086600.00 Commercial Industrial Type Mixed Use Condo Association No Disclosure Yes Disclosures Listing Agent is A Managing Partner And A Licensed Real Estate Broker in Nh & Ma Dividable Yes Easements Yes Exchange Yes Exclusions Antique Cars in Photos Are Not included in Sale. Expandable Yes Lease Yes Lease Price Includes Other (See Remarks) Lease Type Gross Lender Owned No Lien And Encumbent No Lot 32-31 Mau Units 1 Mill Rate 33.10 Ofu Units 1 On File21 E Yes Plat Plan Yes Reu Units 1 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Special Financing No Subdividable Yes Sublet No Survey Yes Tax Year 2021 Taxes 61000.00 Total Units 3 Utilities Public WaterPublic SewerThree PhaseFiber Optic Wau Units 1 Year Built Source Pr Zone Description Other (See Remarks) Zoning Industrial

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Ronald Decola of Ronald K Decola.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-09-18T18:09:29.727.
 
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The Duffy Home Selling Team | 1 Worcester Homes
67 Barber Ave
Worcester MA, 01606
Listing courtesy of Ronald Decola of Ronald K Decola.