3 Condo Unit (111-113) medical, retail or commercial totaling 8,357 SF

Retail-Commercial for Sale
Catylist Listing ID: 30506649
Property Subtypes: Mixed Use, Street Retail, Other
Condo? Yes
Building Size (RSF): 8,257 SF
Gross Building Area: See Agent
Gross Land Area: 0.10 Acres
Sale Price: $825,763
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2021

Overview / Comments

Three condo units for sale (111-113). Current owner wants sold together, but these are separate condo units, which new owner could separate, sell or lease as desired. Total SF is 8,357 SF gross (Unit 111: 2,291, Unit 112: 2,442, Unit 113: 3,522, net). Units have significant plumbing & previously set up for medical. Breckenridge plaza is premier retail/office/commercial facility on N. Broadway in Salem, NH. Conveniently located between exits 2 & 3, I-93, situated close to Salem/Windham Town line. Prime signage on Rte 28 & plenty of parking make this an idea location for new companies as well as established ones looking for good visibility. Professionally managed. Along w/ neighboring plaza of 264 N. Broadway, the facility has a mix of local & regional tenants, including restaurants (such as the well-respected Coliseum Restaurant), bakery, general retail, services & offices. Excellent location for retail, service or office operations. 4,696 SF is also for sale just above on 2nd floor. $825,763

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 72-3245-111,112,113
Is Condo?: Yes
Zoning: CI-B
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Route 28- North Broadway
Feet of Frontage: 400
Highway Access: Located on State Route 28. From North, take Route 93 S to Exit 3, east on Rte 111 to Route 28, south 1.5 miles, plaza on the left.From South, Route 93 to Exit 2, east on Route 97 to Route 28, north 2 miles to plaza on right. 254 North Broadway is the northern building in the plaza.
Site Description: Breckenridge plaza is premier retail/office/commercial facility on N. Broadway in Salem, NH. Conveniently located between exits 2 & 3, I-93, situated close to Salem/Windham Town line. Prime signage on Rte 28 & plenty of parking make this an idea location for new companies as well as established ones looking for good visibility. Professionally managed. Along w/ neighboring plaza of 264 N. Broadway, the facility has a mix of local & regional tenants, including restaurants (such as the well-respected Coliseum Restaurant), bakery, general retail, services & offices. Excellent location for retail, service or office operations
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1987
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: common use of well over 100 spaces
Sprinklers: Wet
Heat Type: Propane
Heat Source: Baseboard
Air Conditioning: Engineered System
Lot Frontage: 400'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 72-3245-111,112,113

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,095 33,040 94,539
Median Age: 42.93 43.34 41.28
Households: 1,979 12,511 35,024
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