Description
Situated in one of the most prominent and admired locations in town, 11 Hayward Avenue offers a rare opportunity to own a stunning commercial condominium in the center of Colchester. This property is located directly on the Colchester Green, giving owners and tenants front-row access to the town's events, activities & daily charm. The visibility, foot traffic & curb appeal make this a standout opportunity for a wide range of uses. This commercial condo consists of 3 units. Unit 1 offers 1,612 SF, Unit 2 offers 2,142 SF, and Unit 3, the Annex, is 660 square feet and currently leased, providing immediate income. While the building has been used as 2 units for many years, it can easily be converted back to 3 units. Located within both the Town Center & Historic zones, it offers exceptional flexibility for future use. Permitted uses include residential, commercial uses, office space, service businesses, religious organizations, hotel/motel, home daycare & mixed-use development. Additionally, with a special permit, other innovative uses are possible, including cannabis-related food and beverage manufacturing and more. This is a one-of-a-kind opportunity to own a piece of Colchester's architectural and commercial landscape. Whether you are looking to establish your business in a landmark location, expand your investment portfolio, or develop a mixed-use property in the town's vibrant core, 11 Hayward Avenue offers the location, character & flexibility to make your vision a reality.
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N/AACRES
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51/2 BATHS
School Ratings & Info
Description
Situated in one of the most prominent and admired locations in town, 11 Hayward Avenue offers a rare opportunity to own a stunning commercial condominium in the center of Colchester. This property is located directly on the Colchester Green, giving owners and tenants front-row access to the town's events, activities & daily charm. The visibility, foot traffic & curb appeal make this a standout opportunity for a wide range of uses. This commercial condo consists of 3 units. Unit 1 offers 1,612 SF, Unit 2 offers 2,142 SF, and Unit 3, the Annex, is 660 square feet and currently leased, providing immediate income. While the building has been used as 2 units for many years, it can easily be converted back to 3 units. Located within both the Town Center & Historic zones, it offers exceptional flexibility for future use. Permitted uses include residential, commercial uses, office space, service businesses, religious organizations, hotel/motel, home daycare & mixed-use development. Additionally, with a special permit, other innovative uses are possible, including cannabis-related food and beverage manufacturing and more. This is a one-of-a-kind opportunity to own a piece of Colchester's architectural and commercial landscape. Whether you are looking to establish your business in a landmark location, expand your investment portfolio, or develop a mixed-use property in the town's vibrant core, 11 Hayward Avenue offers the location, character & flexibility to make your vision a reality.
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