Retail/Office Building Keene, NH

Retail-Commercial for Sale
Catylist Listing ID: 30327756
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 12,740 SF
Gross Land Area: 1.43 Acres
Sale Price: $1,195,000
Unit Price: $93.80 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Usable Size (USF): 12,740 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 1/26/2019

Overview / Comments

Recently renovated commercial mixed use building. Excellent investment property! Corner lot in a lit walkable area on Keene's East side. Fully leased in Keene's new Business Growth and Re-Use district. All leases are NNN. Major access road to Keene's downtown. Near walking trails and within walking distance of shopping and restaurants.
Financials available upon request and the completion of an NDA.

Additional Details

Nearest MSA: Keene
County: Cheshire
Tax ID/APN: 589/0/18
Retail Clientele: General, Recreation
Property Visibility: Excellent
Largest Nearby Street: Marlboro Street
Feet of Frontage: 160
Highway Access: Close to Routes 101 and 12. Route 91, 30 minutes
Airports: Dillant Hopkins Airport nearby in Swanzey. Hour and 90 minutes to MHT, Hour and 1/2 to BDL, 2 and 1/2 hours to BOS.Level
Site Description: Level paved lot.
Area Description: Mixed use area, recently rezoned to encourage development. Next to O'Reilly Auto Parts. Sidewalks, walking trails.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1952
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Block, Metal Siding
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity, Propane
Heat Source: Ceiling Units
Air Conditioning: Other
Internet Access: Cable, DSL
Interior Description: Class A office space and renovated warehouse space
Zoning Description: Business Growth and Re-Use District. Intended to spur redevelopment in this area which is adjacent to downtown Keene.
Lot Frontage: 160
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,989 20,676 29,152
Median Age: 27.88 35.32 38.15
Households: 2,871 7,999 11,481
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