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: 9/2/2022

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. Existing income from one 5,000 sf tenant with 2 years term remaining. Partial owner sales leaseback of 5,000 SF possible.

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
Zoning: INDUSTRIAL
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

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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

Contact

Photograph of Listing Agent

Andrew Levy

Verani Realty Inc. d/b/a Berkshire Hathaway HomeServices Verani Realty
NECPE Member
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