Prime Retail / Office Space Available for Sale

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30671759
Property Subtypes: Street Retail, Other
Building Size (RSF): 2,800 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $89.29 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2021

Overview / Comments

Great opportunity to establish your business along the dynamic Route 1 corridor and close proximity to I-95. With over 18,000+/- VPD this property is centrally located and is presently occupied as a well known beauty salon. The first floor offers a separate entrance to a reception area, salon, powder room and office area/nail salon. The second level can be accessed from the front or back stairway and has its own separate access corridor. There is a full basement allowing for storage. The heating system is 2-3 years and the electric water heater is 4 years old.. Many possibilities. Ample parking and signage in a well run condominium association.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $2,826 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 071-015-005
Zoning: BUSINESS
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: US Route 1
Traffic/Vehicle Count: 18,000
Highway Access: I-95 in NH, Exit 2 to Rte 27 East, left at lights down town Hampton, .9 miles on right.
Tenancy: Single Tenant
Number of Stories: 2
Property Condition: Good
Year Built: 1985
Roof Type: Gable
Construction/Siding: Wood Siding
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Flat, paved, ample on-site parking.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 75.53
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,812 21,990 38,301
Median Age: 45.99 46.83 45.35
Households: 2,006 9,437 16,282

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