Office Condos in a Prime Location

Office for Sale
Catylist Listing ID: 30343967
Property Subtypes: Office Building, Other
Building Size (RSF): 1,804 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Sale Price: $149,000
Unit Price: $82.59 PSF
Property Use Type: Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

We are pleased to present two office condo units for a total of 1,804± SF at 8 Stiles Road in Salem, NH for lease or sale. Unit A is vacant at 1,000 SF and Unit B has a tenant occuping 804 SF. The units are separately metered but could be combined or one of the units could remain income while the other is occupied by the buyer. Each of the two units have their own entrance and restroom. The condo complex boasts a brand new roof and tenants such as Dunkin Donuts, Salem Vision Center, Michael's Market and more. A highly visible location with 100’ of road frontage and situated at the busy lighted intersection of Pelham and Stiles Roads.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 96/7785/104
Zoning: CIB
Property Visibility: Excellent
Highway Access: From North: I-93 Exit 2 toward Pelham Rd. Turn left onto Pelham Rd (.2 miles) Turn left onto Stiles Rd. 8 Stiles Rd is on the right. From South: I-93 Exit 2 toward Pelham Rd. Turn left onto Pelham Rd (.2 miles) Turn left onto Stiles Rd. 8 Stiles Rd is on the right.
Number of Stories: 2
Year Built: 1983
Construction/Siding: Wood Siding
Parking Type: Surface
Parking Description: First come first serve basis
Total Parking Spaces: 75
Heat Type: Electricity
Lot Frontage: 100
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,289 35,661 126,704
Median Age: 42.26 42.62 38.22
Households: 870 13,583 44,902

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