Map of Property

11 UNIT MIXED-USE INVESTMENT OPPORTUNITY

For Sale

406 - 414 Central St, Franklin, NH 03235

This Franklin property for sale is located at 406 - 414 Central St. The current listed sale price for 11 UNIT MIXED-USE INVESTMENT OPPORTUNITY is $1,533,000. 11 UNIT MIXED-USE INVESTMENT OPPORTUNITY is situated on a lot that is 0.17 acre in size.

Contacts

broker
Viktoria Alkova

Keller Williams Coastal Realty

Property Details

  • Property Type Multi-Family
  • Property Size 10,911 SF
  • Units 11
  • Lot Size 0.17 Acre
  • Year Built 1920
  • Date Updated Jul 2, 2025
Located in the vibrant heart of Franklin, New Hampshire, recent revitalization endeavors have rejuvenated the community, captivating both residents and visitors alike. This property offers three prime commercial spaces, strategically positioned amidst bustling foot traffic in the downtown district, complemented by eight residential units above.This attractive investment opportunity offers a strong mix of residential apartments and retail on the ground level. The majority of the units have been renovated, providing fresh, modern living spaces. Separately metered electric, paid by tenants, easy to manage! The retail units are either fully renovated or currently undergoing upgrades, further enhancing the property's appeal. The property is primarily 2 bedroom units, with 2 spacious one-bedroom units and 2 studio apartments. Signed three-year lease with annual rent escalations ensures long-term income growth and stability. Additional amenities include security cameras throughout the property for enhanced safety, a freshly paved parking area at the rear for added convenience, and coin-op laundry on site to serve residents while generating supplemental income. Located in Franklin, the property benefits from the ongoing development of Mill City Park and the city's designation as an Opportunity Zone, offering favorable tax incentives for future investors.
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Highlights

  • Coin-op laundry for tenants convenience
  • New 3 year lease with annually escalating rents
  • Newly paved parking area behind building
  • Recent upgrades to unit 2, 3, 7 & 8
  • Retail spaces are all newly renovated
  • Security cameras installed throughout property
  • Unit 4 is all brand new

Getting around

  • 70/100

    Walk Score ®

  • 26/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Franklin, NH
  • Neighborhood Franklin
  • Zip Code 03235

Points of Interest

  • Shop Express

    0.05 miles

  • Citgo

    0.78 miles

  • Tetal

    2.64 miles

  • Gulf

    2.74 miles

  • Shell

    2.85 miles

  • Cumberland Farms

    2.91 miles

  • Sanborton Country Store

    3.63 miles

  • Irving

    4.14 miles

  • BJ's Fuel Center

    4.35 miles

  • Rest Area I-93 (South Bound)

    3.97 miles

  • Tilton Park and Ride

    4.56 miles

  • Northern Rail Trail

    5.54 miles

  • Super 8

    3.84 miles

  • Holiday Inn Express & Suites Tilton - Lakes Region

    4.20 miles

  • Hampton Inn & Suites

    4.65 miles

  • Econo Lodge

    6.16 miles

  • Hannaford

    1.10 miles

  • Kohl's

    3.28 miles

  • Walmart Supercenter

    3.45 miles

  • Market Basket

    3.57 miles

  • Winnisquam Country Store & Deli

    7.71 miles

  • Shaw's

    9.05 miles

  • Belknap Mall

    9.10 miles

  • Big Lots

    9.14 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Viktoria Alkova

Keller Williams Coastal Realty

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