Located in the heart of downtown Pittsfield is this well-maintained, professionally managed, five unit mixed-use property at 30 Main Street, Pittsfield, NH. This building consists of one restaurant (Main Street Bar & Grill), one office (currently rented by Elm Grove Property Management), one 1-bedroom apartment, and two 2-bedroom apartments with deeded off-street parking. There is a significant amount of potential value-add with this building. The entire third floor remains unfinished and is waiting for someone to bring it back to life! The Main Street Bar & Grill continues to thrive and has been a solid tenant in building. The basement currently is set up as storage for the management company and is set up for a contractor or new manager to move in and rent out the space. This building is a staple in downtown Pittsfield and is a great property to redevelop and bring to life! Even with additional value left to add, this property is being offered for sale for an investor to acquire the property at a cap rate of approximately 12.9%! Property is also available as part of a portfolio sale: See MLS #4692940.
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Listing Courtesy ofElm Grove Realty