2 Wellman Avenue

Office for Sale
Catylist Listing ID: 30417938
Property Subtypes: Office Building
Building Size (RSF): 12,000 SF
Gross Land Area: 0.74 Acres
Sale Price: $1,180,000
Unit Price: $98.33 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

2 Wellman Avenue is a 12,000+/- square foot multi-tenanted office building situated on .74+/- acres zoned Local Business. The property is conveniently located off the F.E. Everett Turnpike at Exit 7. The building is currently 80% leased and ideal for a buyer looking to owner/occupy with expansion capability or complete a 1031.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 60-35
Zoning: LOCAL BUSINESS
Highway Access: Exit 7 off the F.E. Everett Turnpike
Airports: 30 mins from Manchester–Boston Regional Airport and 45 minutes from Logan International Airport Boston
Total Number of Buildings: 1
Number of Stories: 25
Year Built: 1978
Construction/Siding: Wood Frame
Parking Type: Surface
Total Parking Spaces: 40
Heat Type: Electricity
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,512 79,942 129,335
Median Age: 38.54 38.89 39.48
Households: 4,581 31,886 50,601

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