250 Marlboro Street

Retail-Commercial for Sale
Catylist Listing ID: 30844939
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 12,740 SF
Gross Land Area: 1.43 Acres
Sale Price: $1,680,000
Unit Price: $131.87 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 12,740 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2024

Overview / Comments

Excellent investment property! Corner lot in a lit walkable area on Keene's East side. Fully leased, recently renovated mixed use property in Keene's new Business Growth and Re-Use district. All leases are NNN. Major access road to Keene's downtown. Near walking trails and within walking distance of shopping and restaurants. Financials available upon request and the completion of an NDA.

Attachments & Media

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $26,782 (Annual)

Additional Details

Nearest MSA: Keene
County: Cheshire
Tax ID/APN: 589/0/18
Zoning: COMMERCIAL, BGR
Retail Clientele: General, Business
Property Located Between: Main Street and Route 101
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 160
Highway Access: Route 101
Airports: Keene Dillant-Hopkins, Manchester Airport
Site Description: Attractive masonry building, excellent visibility on a lit corner. Paved parking. Sidewalks
Area Description: Mixed use business, office, residential, service, recreation, light industrial
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 12,740 SF
Property Condition: Excellent
Year Built: 1952
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: Paved around building
Sprinklers: Wet
Heat Type: Propane
Heat Source: Other
Air Conditioning: Other
Internet Access: Cable, DSL
Zoning Description: The Business Growth & Reuse (BGR) District is intended to serve as an additional downtown zoning district that provides opportunity for redevelopment and revitalization of a former industrial area in an environmentally sensitive manner that is of a scale and type compatible with adjacent residential neighborhoods. The development in this District should be oriented towards pedestrian and bicyclist access. All uses in this district shall have city water and sewer service.
Lot Frontage: 160
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: See deed

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,989 20,676 29,152
Median Age: 27.88 35.32 38.15
Households: 2,871 7,999 11,481

Contact

Photograph of Listing Agent

Bill Hutwelker

SVN The Masiello Group
NECPE Member
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