Interesting Investment/Owner User Opportunity
Office
for Sale
| Catylist Listing ID: |
30856788 |
| Property Subtypes: |
Business Park, Executive Suites, Net Leased, Office Building
|
| Building Size (RSF): |
4,860 SF
|
| Sale Price: |
$400,000 |
| Unit Price: |
$82.30 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Usable Size (USF): |
4,860 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/23/2024 |
Overview / Comments
|
Located just off Rt 101A in Amherst near Walmart, this unique office condominium presents an interesting opportunity for an investor or an owner occupant looking for a space with an income stream. The condominium consists of 11 separate offices and a conference room on two levels overlooking a welcoming central waiting room. Currently 100% occupied, an office is supposed to become available in a couple of months. Tenants consist mainly of personal service and counselling professionals. $53,000+/- annual income, $15,000+/- annual expenses. Very solid return.
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
002/ 504/ 016/ / |
| Zoning: |
I - INDUSTRIAL |
| Property Visibility: |
Good |
| Highway Access: |
Rt 101A to Rt 101 |
| Airports: |
MHT, BOS |
| Site Description: |
Office condominium park |
| Area Description: |
Industrial, office and retail area along NH state route 101A |
| Year Built: |
1985 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding |
| Exterior Description: |
Vinyl siding |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Interior Description: |
The condominium consists of 11 separate offices and a conference room on two levels overlooking a welcoming central waiting room. |
| Zoning Description: |
General industrial area including office, industrial and retail businesses |
| Lot Frontage: |
295 |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Land Ownership: |
Condominium Association |
| Legal Description: |
Office Condominium |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,833 |
17,935 |
67,152 |
| Median Age: |
44.85 |
40.34 |
41 |
| Households: |
730 |
6,838 |
26,217 |
|
© Copyright 2024 Moody's. All Rights Reserved.
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.
|
