20,000 sf R/D building for sale

Industrial for Sale
Catylist Listing ID: 30814768
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Research & Development
Building Size (RSF): 20,000 SF
Gross Building Area: See Agent
Sale Price: $1,100,000
Unit Price: $55 PSF
Ceiling: 10 ft. Clear
Docks/Doors: 1 Dock
Drive In Bays: 1 Bay
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2023

Overview / Comments

Attractive hard-to-find clean light industrial assembly/ R&D building for sale in the Belmont Industrial Park in Belmont, NH. Located on Rt.106 this 20,000+/- SF free-standing building offers excellent visibility and easy access.

Close to Lakes Region Casino with over 14,000+/- VPD on Rt. 106. Commercial neighbors include Higgins Construction, Morgan Storage Vault, Lakes Region Coca Cola and All Metals Industries. Owner's profitable assembly business occupies 10,000 +/- sf and has been operating here for over 20 years and they are retiring. The property will be delivered vacant.

Concord NH, is only 16 miles south, providing access to I-393 and I-93 N &S.

The Town of Belmont is committed and works closely with prospective developers and tenants through the planning, approvals, and operational phases of expanding its commercial and industrial needs.
• 358 ft of frontage on Rt 106 and a 3.46-acre lot, zoned Industrial.
• Two levels 10,000 sf each with 12-foot height (10 ft clear).
• Some finished offices on the second level.
• One Truck dock and one drive-in on ground level.
• Shared freight lift.
• Well-maintained building with an abundant parking lot in the rear.
• 14,000 VPD on Rt 106
• Three (3) Phase 408 amp electric.
• Municipal water & sewer, Gas (propane) roof-mounted HVAC.

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 241-010-000-000
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Property Condition: Good
Year Built: 1985
Roof Type: Flat
Construction/Siding: Metal Siding, Steel Frame
Parking Type: Surface
Column Spacing: 20
Sprinklers: Wet
Amps: 408
X-Phase: 3
Heat Type: Propane
Air Conditioning: Package Unit
Lighting: Fluorescent
Zoning Description: Permitted Uses: Manufacturing, R/D, warehouse, Office, Factory
Lot Frontage: 358
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,163 3,987 12,924
Median Age: 41.39 42.07 42.31
Households: 893 1,611 5,110


Photograph of Listing Agent

Andrew Levy

Verani Realty Inc. d/b/a Berkshire Hathaway HomeServices Verani Realty
NECPE Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.