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33294264
33294227

532 Canaan Street, Canaan, NH 03741

JT
NH 079335
$450,000
4 days on market
Updated 4 days ago

532 Canaan Street

Details
Property Type Multifamily, Hospitality (+1)
Square Footage 17,000
Buildings 1
Stories 3
Acreage 1 - 1.2
Investment Type Redevelopment
Ground Lease No
Sale Condition For sale by owner

17,000 SF Historic Redevelopment Opportunity | Fully Gutted | Adaptive Reuse Potential

Marketing description

532 Canaan Street presents a unique adaptive reuse and redevelopment opportunity in the heart of New Hampshire's Upper Valley region. This historic structure encompasses approximately 17,000 square feet and has been substantially gutted, creating a true blank canvas for developers, investors, entrepreneurs, and visionary owner-users.

The extensive demolition work has already been completed, allowing the next owner to focus on design, permitting, and construction rather than costly interior removal. The property's size, layout, and architectural character provide flexibility for a wide variety of potential uses, including hospitality, retreat center, event venue, educational facility, residential conversion, mixed-use development, institutional use, or other redevelopment concepts subject to local approvals.

Unlike many redevelopment opportunities, the value proposition here is straightforward: acquire a large historic structure with significant existing square footage at a fraction of today's replacement cost. Reconstructing a building of this scale in the current construction environment would require a substantial investment far exceeding the asking price.

The property also benefits from deeded access to Canaan Street Lake and convenient proximity to Dartmouth College, Dartmouth Health, and the broader Upper Valley economic corridor.

The property is being offered as-is and is not currently habitable. Buyers are encouraged to perform all due diligence regarding zoning, permitting, intended use, and redevelopment feasibility.

Owner financing may be available for qualified purchasers.

Seller is a licensed New Hampshire real estate agent.

Investment highlights

• Approximately 17,000 SF historic structure offering significant redevelopment potential

• Building has been substantially gutted, allowing immediate renovation without extensive demolition costs

• Flexible layout suitable for adaptive reuse including hospitality, retreat center, event venue, educational, residential, mixed-use, or institutional applications

• Deeded access to Canaan Street Lake

• Located in New Hampshire's Upper Valley region with convenient access to Dartmouth and surrounding communities

• Historic architecture and character that would be difficult and costly to replicate with new construction

• Opportunity to create substantial value through redevelopment and repositioning

• Large-scale building footprint provides multiple potential exit strategies

• Offered free and clear of existing operating business obligations

• Owner financing available for qualified purchasers

• Sold as-is

• Rare opportunity to acquire approximately 17,000 square feet at a fraction of today's replacement cost

• Seller is a licensed New Hampshire real estate agent

I'd place the real estate license disclosure as the final bullet. It's legally disclosed without distracting from the investment opportunity.

Listing Contacts

JT
NH 079335

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Additional Information

Name
JJ Truman
License
079335
Brokerage Phone
(888) 398-7062
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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