Medical Office Building

Office for Sale
Catylist Listing ID: 30642891
Property Subtypes: Medical, Office Building, Other
Building Size (RSF): 17,482 SF
Gross Building Area: 19,233 SF
Gross Land Area: 2 Acres
Sale Price: $950,000
Unit Price: $54.34 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Strafford Health Alliance
Class of Space: Class A
Sale Terms: Purchase Money Mortgage
Cap Rate: Undisclosed
Average Occupancy Rate: 50
Last Updated: 6/16/2021

Overview / Comments

A two story office building, elevator served. Currently has three tenants, two are medical and one is general office. Approximately 7,000 rent-able S F are vacant. Suite sizes are 2,700 S F, 1,300 S F and 3,000 S F

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Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Taxing Authority: Somersworth,
Tax ID/APN: 65 23 0
Zoning: C I
Property Visibility: Excellent
Highway Access: Route 108
Airports: Logan
Site Description: Level site, asphalt parking area.
Area Description: Medical and Office
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 8,741 SF
Year Built: 1968
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Aluminum Siding
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Surface, lots in front and in back
Total Parking Spaces: 74
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Attractive Common Areas, each leased area has different age of finish depending on date of occupancy.
Zoning Description: Commercial / Industrial
Lot Frontage: 200
Lot Depth: 300
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee Simple
Legal Description: Warranty Deed

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,260 30,932 63,819
Median Age: 41.4 36.92 37.6
Households: 509 12,834 26,342

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