Commercial Garage Business with Residential

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30421832
Property Subtypes: Free-Standing Building, Vehicle Related
Building Size (RSF): 2,520 SF
Gross Building Area: 4,287 SF
Gross Land Area: 9.71 Acres
Sale Price: $725,000
Unit Price: $287.70 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 128 Chester Road, Raymond, NH
Usable Size (USF): 4,287 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2019

Overview / Comments

Wonderful opportunity to purchase a long established and profitable Equipment and Auto Repair business. Fully equipped for the business, with industrial garage building, and 3 bedroom home. Turnkey and ready to go!
Owner is retiring, and leaving a strong business and a customer base of approx. 700 people, plus the opportunity for a growing base of customers in the Town of Raymond and beyond.

The offering at 128 Chester Road includes the Business, the fully equipped Commercial building, and a 3 bedroom residence with Pool. Live, Work, and Play all in the same place!
The commercial building was built in 1995, has a footprint of 42 ft x 60 ft (2,520 SqFt), with two overhead doors - 10' x 10' and 14' x 14' - and is fully equipped for turnkey business with lifts and inventory. Security system, and sprinkler system.

The Cape Cod home built in 1965 offers 3 bedrooms, 2 bathrooms, an above ground swimming pool, attached 2 car heated garage, and first floor master suite. The excellently well maintained home is on a separately deeded lot.
Ideal for extra income as a rental, or can be separately sold.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Town of Raymond, NH
Tax ID/APN: 4-0-56 and 54
Zoning: B RESIDENTIAL-AGRICULTURAL
Retail Clientele: Business
Property Visibility: Good
Largest Nearby Street: NH-102
Traffic/Vehicle Count: 13,000
Highway Access: Located on NH 102 with access to Route 101
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 1965
Year Renovated: 1995
Roof Type: Hip
Construction/Siding: Metal/Glass
Parking Type: Surface
Sprinklers: Wet
Heat Type: Oil
Heat Source: Baseboard
Lot Frontage: 200
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,040 33,981
Median Age: 39.21 40.07
Households: 4,348 12,165
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