Rare Opportunity to Purchase an Ind. Condo

Industrial for Sale
Catylist Listing ID: 30859683
Property Subtypes: Flex Space, Light Industrial, Office Showroom, Warehouse/Distribution
Condo? Yes
Building Size (RSF): 5,666 SF
Gross Building Area: See Agent
Sale Price: $849,000
Ceiling: 14 ft. Clear
Docks/Doors: 2 Docks, 2 Doors
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/31/2023

Overview / Comments

Rare Warehouse/Industrial-flex Space FOR SALE with no interior columns and 13.5 clear height to bottom of the bar joists. This unit offers about 5,666 with no interior obstructions (no columns, roof drains) allowing for maximum flexibility of handling, assembly and storage of long and/or wide materials. In addition, it offers about 480 sf of office/showroom space with central heat and A/C, 2 bathrooms and 3 dock-high doors. The grade in the rear may allow for easy install of a drive-in door. There is plenty of parking. It is located less than 5 minutes to the intersection of Interstate 93 and Route 101, and 10 minutes to Manchester-Boston Regional Airport. Municipal water/sewer/natural gas service this site.
Great for machine shop, fabrication shop, warehouse, distribution, showroom/warehouse, assembly, light manufacturing and more.
Monthly condo fee is $365 and monthly taxes for 2022 were $609.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $7,308 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 727-23BE
Is Condo?: Yes
Zoning: INDUSTRIAL CONDO
Highway Access: 5 minutes to the intersection of Interstate 93 and Route 101
Airports: Manchester Boston Regional
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 1979
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Column Spacing: no columns
Overhead Cranes: Undisclosed
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,648 77,160 135,652
Median Age: 42.37 37.11 37.6
Households: 2,919 31,621 55,126

Contact

Photograph of Listing Agent

Ralph Valentine, CCIM

The Valentine Group
NECPE Member
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