Remarks

Offered with this unique downtown property in the center of Colebrook is a clear, level, fenced adjoining lot of nearly a full acre, making this 1.4 acres in total. It could possibly be used for additional development (think restaurant, motel, etc.), expansion of the current use, or a return of the initial investment by re-selling the lot as it has a newly paved driveway off Main Street as well as access to town water and sewer. Meanwhile you will have remodeled owners’ living quarters, and instant income from a storefront rental, and three apartments, all in great condition. All systems are well maintained and in excellent working condition and recent upgrades include exterior painting, a standby generator, utility shed, some new flooring, an upgraded video surveillance system, new garage overhead door and new private direct entry from the garage. A property of many uses, in the past it has been the site of a post office, hospital, inn and tavern, since the 1950’s is has been owned by the same family and was the site of Nugent Motor Company, now home to Creative Natives, a gallery for arts, crafts, antiques and collectibles. Come to the North Country and explore the possibilities.

Details

MLS#: 4974803
Price: $1,200,000

Year Built: 1890

County: Coos
Lot Size: 60984
Tax Fee: 9583