5,000 SF Building Next to +/-$150 million of Approved Redevelopment

Retail-Commercial for Sale
Catylist Listing ID: 30847469
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Sale Price: $550,000
Unit Price: $110 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2024

Overview / Comments

+/-5,000 SF, including 3,517 Sf at Street Level.
Property is adjacent to +/-$150 million of development, including a recently completed 18 unit apartment building at 1 Mechanic, a 200 unit approved redevelopment of 1 Foundry Stret, and a 150 unit redvelopment of 2 Mascoma Street.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $7,398 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 91/261
Zoning: LEBANON DOWNTOWN
Lot Frontage: 91

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,222 14,739 28,139
Median Age: 37.93 39.95 36.32
Households: 1,107 6,885 11,156
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