Retail Development Opportunity - Location

Retail-Commercial for Sale
Catylist Listing ID: 30347603
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,200 SF
Gross Land Area: 0.40 Acres
Sale Price: $750,000
Unit Price: $234.38 PSF
Ceiling: 14 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 3,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2019

Overview / Comments

Fantastic Location!! Great Building!!
This 3,200 Sq.Ft building is very adaptable to many retail, restaurant, or Bank type use, and many more. Located right next door to Provident Bank and Margarita's at the Plaza adjacent to the bank. Many retailers along this great stretch of Portsmouth Ave gives a location that is in the busiest part of Exeter.
Can be a great for investors to place their national tenant, or for an owner operator for many national or regional franchises.
18,000 VPD on this stretch of Portsmouth Ave with 43,000+ at nearby Route 101.
Come visit this highly vibrant part of Exeter, and see the possibilities!

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Town of Exeter, NH
Tax ID/APN: 65-0-125
Zoning: C-2
Retail Clientele: General, Family, Business, Tourist, Recreation
Property Located Between: Route 101 and Downtown Exeter, NH
Property Visibility: Excellent
Largest Nearby Street: Portsmouth Avenue
Feet of Frontage: 50
Highway Access: 18,000 VPD reported by NH DOT for 2014. Traffic count for the nearby Route 101 is reported at 43,525 in 2015. It's only heavier since then!
Airports: Manchester-Boston to the West. Boston Logan to the South.
Site Description: Rectangular lot of land slightly sloping upwards from Portsmouth Ave to a level building and rear.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,200 SF
Property Condition: Average
Year Built: 1965
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Good strong block building with full windows frontage.
Parking Type: Surface
Lot Frontage: 50

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,252 21,561 39,365
Median Age: 44.57 44.21 44.59
Households: 1,074 8,860 15,739

Contact

Photograph of Listing Agent

Gerry O'Connell

KW Commercial NECPE Member
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