Investment Property

Special Purpose for Sale
Catylist Listing ID: 30531673
Building Size (RSF): 19,555 SF
Gross Building Area: See Agent
Gross Land Area: 0.80 Acres
Sale Price: $300,000
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2020

Overview / Comments

A Very Unique Converted Mill building that consists of a large owners unit that overlooks the Contoocook River, 3 Tenant Apartments fully rented out at $700/unit and 24 Storage units all in the same building and all with separate entrances. Units are rented out $75/mo. The sale includes 2 parcels of land which gives this property/building plenty of parking opportunities. ( 030 and 054 on GIS map). Property fronts the Coontoocook River and is located in the Downtown area of the community. The building has much more unfinished space that could be used for even more square footage of either apts or storage units ( please check with town). Serious inquiries only please. Town water & Sewer.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $6,018 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 000025000030000000
Zoning: COMMERCIAL/INDUSTRIAL
Property Visibility: Excellent
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1900
Year Renovated: 2003
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: Large Strip of land across street is owners that goes with the sale. Plenty of parking off road.
Heat Type: Propane
Heat Source: Radiant
Interior Description: Exposed Beam, Wide Thick Pine Floors
Zoning Description: Commercial/Industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,976 3,888 14,022
Median Age: 34.94 38.85 38.52
Households: 823 1,563 5,451
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