Salem, NH -Commercial Condos, 4,657+/- SF for Sale-

Office for Sale
Catylist Listing ID: 30512260
Property Subtypes: Medical, Mixed Use, Flex Space, Office Building, Other
Condo? Yes
Building Size (RSF): 4,696 SF
Gross Land Area: 0.23 Acres
Sale Price: $352,270
Property Use Type: Vacant/Owner-User
Building Name: Breck 1
Class of Space: Class B
Usable Size (USF): 4,696 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

Salem condominium units. Two units to be sold together, but could be separated, allowing Buyer income stream or allow for expansion and future sale of only one of two units. The existing set up of a combined unit has two entrances and three restrooms, but if separated into two units each unit could/would have separate entrances with separated restroom(s). Unit had front reception area, kitchenette, open areas and multiple rooms (11 +/-), offices or conference rooms. Many areas have high valuted ceilings and plenty of light via large internal glass walls and huge exterior windows. Fit and finish is excellent and high quality wood trim is plentiful. Multiple closets and fire sprinklers. Location in front of building directly facing Route 28 may allow for excellent signage and exposure for business(es) in these two units.$352,270
* Large unit(s) below of 8,257 SF is also for sale.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 72-3245-207 & 208
Is Condo?: Yes
Zoning: CIB
Property Visibility: Excellent
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. 264 North Broadway is the northern building in the plaza.
Site Description: 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. 264 North Broadway is the northern building in the plaza.
Area Description: 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. 264 North Broadway is the northern building in the plaza.
Total Number of Buildings: 1
Number of Stories: 1
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
Zoning Description: CIB
Lot Frontage: 400'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 72-3245-207; 72-3245-208

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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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