Landmark Commercial Building for Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 29896991
Property Subtypes: Free-Standing Building, Street Retail
Status: Pending/Contingent
Building Size (RSF): 14,400 SF
Gross Land Area: 2.04 SF
Sale Price: $1,850,000
Unit Price: $128.47 PSF
Property Use Type: Vacant/Owner-User
Building Name: Exeter Decorating
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2018

Overview / Comments

This is a rare opportunity to buy an impressive office/retail building on Epping Road/Route 27 in Exeter.

164 Epping Road is a distinctive office/retail building with gorgeous retail space/open office area, high ceilings, lots of natural light and a grand staircase leading to the open concept 2nd floor space.

Exeter Decorating will be relocating in Exeter after the property is sold or will lease back the building for up to 12 months.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Exeter
Tax ID/APN: 47-04
Zoning: COMMERCIAL 3
Retail Clientele: General, Business
Property Located Between: Route 101 and Route 111A
Property Visibility: Excellent
Largest Nearby Street: Epping Road/Rt 27
Feet of Frontage: 230
Traffic/Vehicle Count: 12,000
Highway Access: Centrally located, 1 minute from Route 101, 5 minutes to downtown Exeter and less than 10 minutes to I-95
Site Description: The land has recently been subdivided into 2 lots (see attached plan)
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,200 SF
Property Condition: Excellent
Year Built: 2002
Roof Type: Gable
Construction/Siding: Vinyl Siding
Total Parking Spaces: 20
Parking Type: Surface
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Air Conditioning: Engineered System
Lot Frontage: 230
Lot Depth: 400
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,911 16,711 39,385
Median Age: 46.28 44.6 43.96
Households: 1,781 7,056 15,211
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