High Visibility Mixed-Use Portfolio

Retail-Commercial for Sale
Catylist Listing ID: 30729103
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 10,218 SF
Gross Building Area: See Agent
Sale Price: $1,150,000
Unit Price: $112.55 PSF
In Opportunity Zone? Yes
Is Quick-Service Restaurant? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2023

Overview / Comments

A two property portfolio with high visibility on Route 27, ideally located less than 5 minutes from Exit 5 off Route 101, and just 30 minutes to the Manchester-Boston Regional Airport, is available for sale. 66 Route 27 is a 4,000± SF 100% leased retail plaza with 2 tenants: Subway in 1,600± SF and Pop Culture in 2,400± SF. 68 Route 27 is a 6,218± SF 2-story office/retail building with Scissors Edge leasing 1,300± on the 1st floor in the front of the building; 3,900± SF of vacant office space is available over 2 floors. Approvals are in place to convert the 2nd floor of 68 Route 27 into two 1-bedroom apartments of 600± SF each, with the balance of the 2nd floor, 900± SF, to remain office space. More information is available upon request, including financials, floor plans, and site plan.

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 028-002-022-000
Zoning: C1
Property Visibility: Excellent
Largest Nearby Street: Route 27
Feet of Frontage: 199
Airports: Manchester-Boston Regional
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Heat Type: Other
Lot Frontage: 199
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,194 12,344 19,319
Median Age: 41.3 40.68 40.46
Households: 1,720 4,706 7,283

Contact

Photograph of Listing Agent

Hugo F. Overdeput,CCIM

Colliers NECPE Member
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