5,392+/- SF condo(s) for sale (3 separate legal condos)

Office for Sale
Catylist Listing ID: 30836229
Property Subtypes: Business Park, Coworking, Governmental, High-Tech, Institutional, Medical, Flex Space, Office Building, Research & Development, Other
Condo? Yes
Building Size (RSF): 5,392 SF
Gross Land Area: 1.48 Acres
Sale Price: $685,000
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 5,392 SF
Sale Terms: Cash to Seller, Other
Cap Rate: 10.0%
Last Updated: 4/15/2024

Overview / Comments

Three commercial condos for sale (must be sold together). 3 legal condos in stand-alone building. Purchase for business use, investment or combination. Can even purchase all 3 & then lease or sell one or more separately at a later time for additional income or profit. Units in excellent location just off of Rte 3. Condo 1A & 1B are 2,219 each & Condo 1C is 954 +/- SF. 5,392 -/+ SF in total. 1A is located on upper level w/numerous private offices, 2 restrooms, kitchen area, & utility area(s). 1A available for immediate occupancy by buyer or tenant. Unit 1B located on middle level w/direct ground floor access to parking area & is leased to longer term tenant. 1B is an open concept w/2 private bathrooms & kitchen area. 1C is on 1st level also w/direct access to ground level & has open areas & private offices plus private bathroom & kitchen area. 1C leased to tenant on shorter term. Plenty of parking/signage on street. Low condo fees. $685,00 for all 3 condos. Do not contact tenants

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 0005D3-000115-000000
Is Condo?: Yes
Zoning: PRD - COMMERCIAL
Property Located Between: DWH and Twin Bridge
Property Visibility: Good
Highway Access: Near highway exits
Airports: Manchester / Boston
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1988
Year Renovated: 1988
Construction/Siding: Vinyl Siding
Parking Description: 71 common spaces
Total Parking Spaces: 71
Sprinklers: None
Heat Type: Electricity, Propane
Heat Source: Baseboard, Central
Air Conditioning: Engineered System, Window Unit, Other
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,349 27,819 63,332
Median Age: 40.26 39.98 40.39
Households: 2,093 10,038 22,570
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