Catylist ID:
#30847280
| Catylist Listing ID: | 30847280 |
| Property Subtypes: | Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Research & Development, Other |
| Condo? | Yes |
| Building Size (RSF): | 3,781 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $249,900 |
| Property Use Type: | Investment, Vacant/Owner-User |
| Building Name: | The Fifield Block Condo Association |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/22/2024 |
Overview / Comments
|
Condo for sale consisting of 3,781 +/- SF plus 1/2 Tenant in Common basement and land. The unfinished basement is 1,849 +/- SF. The 1st Floor entry area is 90 SF. Seller paid gas heat in the amount of $1,079..58 for one year, water/sewer of $202.43 for one year and 1/2 of the snowplowing of $650 for the past season. There is currently a Tenant leasing 2,393 +/- SF - AML Partners. AML Partners uses a great deal of electric with their servers and they pay the electric bill. There is only one electric bill the the floor. Tenant pays $2,898.87 per month plus electric and heat. Tenant has been leasing for several years - currently under a lease until May 31, 2024. A 24 hour notice to show this space is required. There is also a Dentist who owns a condo and the Dentist pays for heat in the basement. The condo was apartments in the 1980's and the condo could sell for residential uses subject to housing permission from City of Concord to convert which is likely to happen. The vacant space has 5 private offices with windows and a kitchenette and an abandoned bathroom which could still be usable.There is beautiful trim throughout out all the space. The natural gas heat is FHA. The roof is Tar & Gravel. There is potential to purchase very small adjacent parcel. |
Financials
| Finance Data Year | 2023 |
|---|---|
| Real Estate Taxes - Annual($) | $7,937 (Annual) |
Additional Details
| Nearest MSA: | Concord |
| County: | Merrimack |
| Taxing Authority: | City of Concord |
| Tax ID/APN: | 1412/P 44/ 1/B/ |
| Is Condo?: | Yes |
| Zoning: | CBP |
| Property Visibility: | Good |
| Highway Access: | Minutes off of the highway. |
| Site Description: | Lovely downtown Penacook. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Built: | 1904 |
| Year Renovated: | 2020 |
| Roof Type: | Other |
| Construction/Siding: | Brick |
| Parking Description: | There is free off-site parking outside the building and 8 parking spaces to the rear of the building. |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Interior Description: | Several private offices |
| Zoning Description: | Many uses included in the CBP zone to include but limited to medical, office, residential condo, service and sales of goods. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | ,16 acres in common |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 922 | 10,980 | 28,516 |
| Median Age: | 39.55 | 37.27 | 39.52 |
| Households: | 386 | 4,547 | 10,834 |
Contact
Wendy E. KeelerFairway Real Estate, LLCNECPE Member |
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