Medical Office Building Across From St. Joseph's Hospital

Office for Sale
Catylist Listing ID: 30869522
Property Subtypes: Medical, Flex Space, Office Building, Other
Building Size (RSF): 2,483 SF
Gross Building Area: See Agent
Sale Price: $525,000
Unit Price: $211.44 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2024

Overview / Comments

Location, Location, Location

Very Desirable & Hard to Find Medical Office Building across the street from St. Joseph's Hospital on Kinsley St. in Nashua.Two levels with entrances on both floors with handicapped ramp on first floor. Parking for 10 vehicles including 2 Handicap spots.

This 2483 Sq. Ft. (7) Room Office Building had been Leased to a Neurology Practice for many Years by the current owner. With the Lease expired the Owner has decided to Sell the Property

Hillsborough Co. Med Building Lease Comps of Approx. $18.5 Sq Ft NNN
This Property has a 7.5% Investment Cap Rate

RA Zoning also leaves open the possibility of returning to Single Family Residence

Must See Offered @ $525,000

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: NASH M:122 L:00235
Zoning: RA
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,207 SF
Year Built: 1945
Parking Description: Easy Access
Total Parking Spaces: 12

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,939 87,071 127,741
Median Age: 34.59 39.39 39.36
Households: 6,587 34,599 49,975
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