Exciting opportunity to establish a landmark location for your business! This property is conveniently situated next to Exxon and Hampstead Village Station on the bustling Emerson Ave. You'll benefit from a high volume of traffic, thanks to the nearby gas station and strip mall. With 163 feet of frontage on busy Emerson Ave, this site is also visible from State Route 111 at a lighted intersection. Spanning 1.120 acres, this parcel is zoned C-2, offering a wide range of possibilities, including retail, office, industrial, and more in a rapidly growing area. This 1749 New England Centered Chimney Colonial boasts 1,656 square feet and features five rooms, two bedrooms, and 1.5 baths. It showcases charming wide pine floors, gunstock corners, and multiple centered chimneys for heating and cooking, with much of the original hardware still intact. Recent updates include the furnace, electrical system, water supply, and heating. The 20 x 36 garage has been transformed into a showroom, making it an excellent space for an office or storage. This beautiful 1749 Colonial holds immense potential and is a true gem waiting for some updates.