Catylist ID:
#30859009
Professional/Office Condominium For Sale
Office
for Sale
| Catylist Listing ID: | 30859009 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 1,206 SF |
| Sale Price: | $285,000 |
| Unit Price: | $236.32 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: | 2 Pillsbury Street |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/15/2024 |
Overview / Comments
|
Professional/Office condominium on the first floor of 2 Pillsbury Street in Concord for sale. Walk-in from the street (ADA Access). 600 car parking on-site, cafe and a fitness gym available to occupants. Layout: 2 private offices, conference room, workspace, reception and handicap bathroom in suite. The current condo fee includes common area expenses and occupants heat ($506.27/month). St. Mary's Bank mortgage department is a Tenant with a lease through November 2024. They pay $1792.41 per month plus NNN and electric. |
Additional Details
| Nearest MSA: | Concord |
| County: | Merrimack |
| Tax ID/APN: | 104966 |
| Zoning: | IS-INSTITUTIONAL |
| Property Located Between: | S Main St and Broadway |
| Property Visibility: | Excellent |
| Highway Access: | Go south on S Main St a short distance to Exit 12 I-93. |
| Airports: | Boston, Concord, Manchester |
| Site Description: | 2 Pillsbury Street a large building that was renovated and converted into a Commercial Condominium property in 2006. It is nicely landscaped and has paved parking surrounding the building. |
| Area Description: | Pillsbury St is a combination of several large office facilities and a variety of commercial uses adjacent to a residential neighborhood. The property is a short distance to access I 93 going south and Concord's busy downtown going north. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Year Built: | 2006 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Exterior Description: | This property, part of a 6-story condominium building, is positioned on the ground floor at the corner of So. Main Street and Pillsbury Street. It is an attractive position in the building with windows, landscaping and an immediate entrance just inside the front door facing Pillsbury Street. |
| Parking Type: | Surface |
| Parking Description: | There is a large, paved lot surrounding the building and additional parking further down the street. Parking spaces total 600 to serve the tenants of the total building. |
| Total Parking Spaces: | 600 |
| Sprinklers: | Wet |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Internet Access: | Cable, Other |
| Interior Description: | 2 private offices, conference room, workspace, reception and handicap bathroom in suite. |
| Zoning Description: | IS - Institutional District |
| Part of Planned Development?: | Yes |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | Condominium |
| Legal Description: | Book 3044 Page 0251 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,442 | 27,415 | 49,419 |
| Median Age: | 39.87 | 39.75 | 40.61 |
| Households: | 3,782 | 11,502 | 19,975 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
