Prime Retail Plaza Investment

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30741208
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 25,484 SF
Gross Building Area: See Agent
Gross Land Area: 2.99 Acres
Sale Price: $1,995,000
Unit Price: $78.28 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2021

Overview / Comments

Well performing investment asset on busy Route 101A in Amherst. Surrounding neighbors include Lowes, Walmart, Harbor Freight, and more. After investing in many improvements the current owner is set to sell and move out of state. A strong rental history through 2020 and into 2021, this property benefits from having a trade area that is close to Hollis, Merrimack and Nashua. This could be a wonderful office/retail owner occupant property or a 1031 Exchange passive investment.

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Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 012012000
Zoning: COMMERCIAL
Traffic/Vehicle Count: 30,000
Tenancy: Multiple Tenants
Property Condition: Good
Year Built: 1960
Year Renovated: 1983
Exterior Description: Wood / Brick
Parking Type: Surface
Heat Type: Natural Gas
Air Conditioning: Engineered System
Lot Frontage: 314
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,890 18,563 85,282
Median Age: 41.87 41.06 39.91
Households: 637 6,889 33,424

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