Control Your Office Environment
Office
for Sale
| Catylist Listing ID: |
30465354 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
10,585 SF
|
| Gross Land Area: |
0.22 Acres
|
| Sale Price: |
$1,100,000 |
| Unit Price: |
$103.92 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/7/2021 |
Overview / Comments
Rare opportunity to own an attractive stand-alone office building with parking just one block from Elm Street! This fully air-conditioned, two-story brick office building has been impeccably maintained, has 7 on-site parking spaces and overlooks the municipal Middle Street parking lot that offers hourly and monthly parking. The property is currently leased through the end of 2020 providing time and income to plan your move. Constructed in 1890 and completely renovated in 1998, recent improvements include all new windows in 2008, new Carrier split air-conditioning system in 2015, new carpeting throughout and a new Tyco ADC security system in 2016. Hard-wired smoke detectors. Majority of lighting T8.
The first floor has an attractive built-in reception desk, seating area, two conference rooms and five private offices and open space for workstations. The second floor has four offices and open space for workstations. The lower level features a large finished breakroom/training room, two offices, file storage space and building mechanicals. There are restrooms on all three levels.
This property will allow your company to be in the heart of downtown, control your occupancy costs, and provide convenient parking for your employees and clients.
|
Financials
| Finance Data Year |
2018 |
| Real Estate Taxes - Annual($) |
$1.51 (Annual) |
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Taxing Authority: |
City of Manchester, NH |
| Tax ID/APN: |
0152 // 0022 // |
| Zoning: |
AMOSKEAG CORPORATION HOUSING HISTORIC DISTRICT AND URBAN MULTI-FAMILY |
| Property Located Between: |
Elm and Canal Streets |
| Property Visibility: |
Excellent |
| Highway Access: |
6/10 of a mile from Exit 4 of I-293, 2.1 miles to Exit 8 of I-93 and 6.1 miles to the Manchester Boston Regional Airport |
| Airports: |
Manchester-Boston Regional Airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1890 |
| Year Renovated: |
1998 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Exterior Description: |
Attractive Colonial style brick building with two-story white column entrance portico. |
| Parking Type: |
Surface |
| Parking Description: |
7 on-site parking spaces PLUS the Middle Street parking lot directly in front! |
| Total Parking Spaces: |
7 |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Other |
| Zoning Description: |
Amoskeag Corporation Housing Historic District and Urban Multi-Family |
| Lot Frontage: |
100 feet on Market St |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
34,302 |
107,177 |
144,722 |
| Median Age: |
32.83 |
36.75 |
37.63 |
| Households: |
14,314 |
44,033 |
57,888 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
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