Residential Income at 138 Main Street, Colebrook
Residential Income at 138 Main Street, Colebrook, photo 2 of 11
Residential Income at 138 Main Street, Colebrook, photo 3 of 11
Residential Income at 138 Main Street, Colebrook, photo 4 of 11
Residential Income at 138 Main Street, Colebrook, photo 5 of 11
Residential Income at 138 Main Street, Colebrook, photo 6 of 11
Residential Income at 138 Main Street, Colebrook, photo 7 of 11
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Residential Income at 138 Main Street, Colebrook, photo 9 of 11
Residential Income at 138 Main Street, Colebrook, photo 10 of 11
Residential Income at 138 Main Street, Colebrook, photo 11 of 11
11 photos

$139,000

138 Main Street
Colebrook, NH 03576
Listed by Julie Steiner · Whitehill Estates & Homes
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1858

About this home

Bring new life to a well-known Main Street landmark at 138 Main St—formerly home to Howard’s Restaurant. This prominent property offers a rare opportunity for investors, entrepreneurs, or developers looking to revitalize a historic location in the heart of downtown. The building features two spacious apartments on the second floor, while the third floor offers a large open area that could be reimagined for offices, studios, storage, or additional living space. With its prime location and strong presence on Main Street, the possibilities for redevelopment are significant. The property is currently in poor condition and will require substantial repairs and a full rehabilitation, making it best suited for buyers ready to take on a major renovation project. With the right vision and improvements, this could once again become a vibrant part of the community. Property is being sold **as-is**. Some photos may include AI-enhanced versions intended to help buyers better imagine the property’s potential.

Property details

MLS #
5078511
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
60
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.17 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Colebrook Academy and Elementary School (E)
0.28 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
213
Student:teacher ratio
9.3:1
District
Colebrook School District
Middle
None found nearby
High
Colebrook Academy and Elementary School (H)
0.28 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
105
Student:teacher ratio
8.8:1
District
Colebrook School District

Walkability

Blended score for Colebrook's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

24
Car-dependent
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Colebrook, from live MLS data.

On the market 60 days -- 94 fewer days than Colebrook's current average of 154 days.
For reference, the median list price across 71 active listings in Colebrook right now is $249,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$987/mo
$27,800 down
$111,200 loan
Principal & interest$721
Property tax (est.)$116
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/16/26.