Well-Located Office Condominiums

Office for Sale
Catylist Listing ID: 30655846
Property Subtypes: Office Building
Building Size (RSF): 3,240 SF
Gross Building Area: See Agent
Sale Price: $430,000
Unit Price: $132.72 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

We are pleased to present 3,240± SF in three office condominium suites being offered for sale as a package at 389 Main Street in Salem, NH. The suites comprise the entire top floor of the building, which is also home to 4 other office condominiums. The condos for sale feature two separate entrances, allowing the new owner the possibility of dividing into two units, creating an income opportunity while still occupying a unit. Floor plan consists of reception area, conference room, open cubicle space, private office with a bathroom, kitchenette/breakroom, and restrooms. Security alarm by ADT and fire alarm system is hard-wired to the fire department. Conveniently located a few miles from both I-93 and I-495 and right near the New Hampshire/Massachusetts border.

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Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 7367-7367
Zoning: BUSINESS OFFICE DISTRICT II
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1988
Sprinklers: Dry
Heat Type: Electricity
Heat Source: Heat Pump
Lot Frontage: TBD
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,298 34,960 116,729
Median Age: 44.44 42.88 40.24
Households: 829 13,479 44,347

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