PRICE REDUCTION FOR THIS COMMERCIAL MIXED-USE BUILDING
Office
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
30819296 |
Property Subtypes: |
Executive Suites, Coworking, Governmental, High-Tech, Institutional, Medical, Mixed Use, Office Building, Research & Development
|
Status: |
Pending/Contingent |
Building Size (RSF): |
8,290 SF
|
Gross Land Area: |
0.16 Acres
|
Sale Price: |
$399,000 |
Unit Price: |
$48.13 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Vacant/Owner-User, Business |
Class of Space: |
Class B |
Usable Size (USF): |
7,025 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
11/13/2023 |
Overview / Comments
A rare opportunity to purchase a commercial mixed-use building in the heart of Newport NH business center. The main floor has a large open space with 9 cubicles, 7 private rooms with one ½ bath. The lower level is currently used as an employee break room with multiple bathrooms. Beyond the break area there are three large spaces that can be converted or used as extra storage. A large garage area offers additional storage or excellent place to receive deliveries. The second level has 14 rooms and 3 full baths and great lighting. The build is energy efficient with a large roof-top solar grid that generates enough KW to power the electrical aspects of the building. Plenty of parking between the front, side, and rear of the building where a large parking lot exists. This property has a desirable footprint and is well-maintained. The excellent visibility and versatility make it unique to its location so don’t hesitate to schedule a private viewing.
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$12,029 (Annual) |
Additional Details
Nearest MSA: |
Lebanon |
County: |
Sullivan |
Tax ID/APN: |
111-011-000-000 |
Zoning: |
B110 LIGHT COMM |
Property Visibility: |
Excellent |
Site Description: |
Level - Downtown Central Location |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Year Built: |
1816 |
Roof Type: |
Flat |
Construction/Siding: |
Brick |
Parking Type: |
Surface |
Parking Description: |
Front, Side and Large Lot in the back of the building. |
Heat Type: |
Oil |
Heat Source: |
Baseboard, Other |
Internet Access: |
Cable |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
6,507 |
9,872 |
Median Age: |
41.63 |
43.22 |
Households: |
2,629 |
4,072 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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