BUILDING FOR SALE WITH PRICE REDUCTION

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30815867
Property Subtypes: Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Office Building, Research & Development, Other
Building Size (RSF): 2,310 SF
Gross Building Area: See Agent
Gross Land Area: 1.41 Acres
Sale Price: $399,000
Unit Price: $172.73 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/20/2023

Overview / Comments

Beautiful Building for sale. Many uses allowed to include but not limited to professional business offices and services, medical, limited home office, counseling, veterinary hospital or clinic, day care, preschool, two-family dwelling, and and SINGLE FAMILY DWELLING.

Most of the flooring is hardwood and the building is in excellent condition . There is a large paved parking lot consisting of approximately 26 to 27 on-site parking spaces.

Layout consists of: 1st Floor: 4 offices, large kitchen/staff area, large reception area/work area, 1/2 bathroom, and copier area. Slate flooring entry area. All the offices have at least one window.

2nd Floor: 3 private offices each with 2 windows, full bath, closets.
There is a full basement and a shed to the rear of the property.

Formerly used as one of Foy Insurance office building locations.
The property is also for lease for a commercial use.

Recent updates include: 2 new windows on 2nd Floor that face parking area (south side)
New roofing on roof just below the 2 new windows
Replaced carpet area between lobby and kitchen

This property is also ideal as a residential home!

Owner would prefer not to lease to a residential tenant - TBD

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $7,572 (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 634// 45//
Zoning: LO - LIMITED OFFICE
Property Visibility: Excellent
Highway Access: Minutes to Interstate 93, 393, Routes 4 and 106. Pembroke Street is Route 3 in Pembroke.
Site Description: Just over the Concord Line in Pembroke. 1 miles to NH State Liquor Store and Food establishments. Located at a four-way signalized intersection on a large level 1.4 acre lot.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1900
Year Renovated: 2002
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: 26 to 27 paved parking spaces.
Sprinklers: None
Heat Type: Oil, Hot Water
Heat Source: Central
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,655 23,675 46,425
Median Age: 40.33 38.86 40.74
Households: 589 10,007 18,712

Contact

Photograph of Listing Agent

Wendy E. Keeler

Fairway Real Estate, LLC
NECPE Member
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