Retail - Office - Mixed Use For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30574020
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 4,232 SF
Gross Building Area: 6,954 SF
Gross Land Area: 0.17 Acres
Sale Price: $499,000
Unit Price: $117.91 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 4,232 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2020

Overview / Comments

Great Mixed Use Building in an Excellent Location on Busy Crystal Avenue/ Route 28 in Derry, NH. Route 28 Traffic Counts range from 15,000 to 22,000 per day.
Currently set up with two spaces on First Floor and an apartment on second floor, but can easily be utilized for up to three spaces on First Floor by installing a second entry at front. Or, can be used as one space for entire first floor.

The busy corner location of Crystal Ave and Lincoln Street gives this building excellent visibility, with on site parking as an additional benefit for users.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Town of Derry, NH
Tax ID/APN: 31-083-0
Retail Clientele: General, Business
Property Visibility: Good
Feet of Frontage: 70
Traffic/Vehicle Count: 17,500
Highway Access: Route 28 to I-93, I-293.
Airports: MHT - Manchester/Boston
Area Description: Property is located on Route 28 at the hub of many retail and other businesses in a very busy area.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1928
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Paved parking at front of Retail / Office, with additional parking for rear space on Lincoln Street.
Total Parking Spaces: 16
Parking Type: Surface
Heat Type: Oil
Zoning Description: General Commercial for mixed use zoning.
Lot Frontage: 70
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,815 33,959 65,017
Median Age: 36.2 38.6 39.16
Households: 3,459 13,269 23,813
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