Prime Downtown Opportunity
Retail-Commercial
for Sale
| Catylist Listing ID: |
30842072 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail
|
| Building Size (RSF): |
11,216 SF
|
| Gross Land Area: |
0.38 Acres
|
| Sale Price: |
$1,150,000 |
| Unit Price: |
$102.53 PSF |
| Property Use Type: |
Investment |
| Usable Size (USF): |
11,216 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.2% |
| Last Updated: |
4/26/2024 |
Overview / Comments
|
New three year lease extension with strong credit tenant, into 2027. Prime downtown building in the heart of Keene's Main Street. Incredibly well maintained 2 story office building with front and rear entrances, elevator and high ceilings. Open concept construction with outer lined offices. Substantial sized parking lot with additional common parking in bustling Monadnock Co-op site. Long time single tenant occupant for 25+/- years. Excellent rental income, turn-key operation. NDA required prior to review of any financials and lease information. 24 hours notice prior to on-site viewing. Preferred showings to occur after normal business hours. Business is not for sale, only real estate.
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Cheshire |
| Submarket Type: |
Central Business District |
| Tax ID/APN: |
023020210000 |
| Zoning: |
RT-C |
| Retail Clientele: |
General, Business, Other |
| Property Located Between: |
Downtown Keene across from Colonial Theatre |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
45 |
| Area Description: |
Business District, In Town, Near Shopping |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Year Built: |
1930 |
| Roof Type: |
Other |
| Construction/Siding: |
Steel Frame, Wood Frame |
| Exterior Description: |
Brick Veneer |
| Total Parking Spaces: |
21 |
| Parking Type: |
Surface |
| Parking Description: |
On Site, Paved |
| Passenger Elevators: |
1 |
| Heat Type: |
Propane |
| Air Conditioning: |
Other |
| Lot Frontage: |
45 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,842 |
19,251 |
27,946 |
| Median Age: |
28.17 |
34.6 |
37.87 |
| Households: |
3,233 |
7,340 |
10,981 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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