49 Donovan Street

Special Purpose for Sale
Also listed as Office
Catylist Listing ID: 26267685
Property Subtypes: School/University
Building Size (RSF): 28,794 SF
Gross Land Area: 11.80 Acres
Sale Price: $1,450,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/10/2019

Overview / Comments

Fully air conditioned, steel framed institution / R&D building conveniently located near Exit 12 of I-93. Loading dock. Wet sprinklered throughout. Expansion potential on the property's 11.8 acres. Institutional District zoning. Day care, schools, community centers, and medical are some of the many uses for this property.

Upper Level:
10,000+/- SF open space (leased through 2019)
9,600+/- SF warehouse

Lower Level:
10,000+/- SF mostly offices

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 1/ 1/ 15/ /
Zoning: INSTITUTIONAL DISTRICT
Market Type: Large
Property Visibility: Good
Airports: MHT, Concord Municipal
Site Description: Expansion potential on the property's 11.8 acres
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1969
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Ceiling Units
Air Conditioning: Engineered System
Interior Description: Fully air conditioned, R&D / institutional uses. Loading Dock. Expansion potential.
Zoning Description: Institutional District
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,848 24,475 46,861
Median Age: 43.03 40.21 40.76
Households: 2,045 10,326 18,875

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