Commercial office complex
Retail-Commercial
for Sale
| Catylist Listing ID: |
30844384 |
| Property Subtypes: |
Free-Standing Building
|
| Building Size (RSF): |
12,000 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,399,000 |
| Unit Price: |
$116.58 PSF |
| Property Use Type: |
Investment |
| Building Name: |
Strand |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.1% |
| Average Occupancy Rate: |
90 |
| Last Updated: |
11/10/2023 |
Overview / Comments
|
This 12000 square foot commercial building known as The Strand was fully renovated in 2005. This property has great visibility on Route 202, over 70 parking spaces and easy accessibility for clients. With many quality and long term tenants and an outstanding rental history, it is a most attractive investment property for a business or savvy investor. Co-Agent, Aileen Schnare, has ownership interest.
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Taxing Authority: |
Municipality |
| Tax ID/APN: |
U-15 lot 1 |
| Zoning: |
COM |
| Retail Clientele: |
Business |
| Property Located Between: |
Village and 'Beepa and Louies' Restaurant |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Rt 202N |
| Feet of Frontage: |
253 |
| Traffic/Vehicle Count: |
10,000 |
| Highway Access: |
Frontage |
| Airports: |
Manchester Boston |
| Site Description: |
Fully developed lot- completely renovated in 2005 |
| Area Description: |
Belletetes Hardware, Monadnock Hospital in immediate vicinity. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Typical SF / Floor: |
3,500 SF |
| Property Condition: |
Good |
| Year Built: |
1985 |
| Year Renovated: |
2005 |
| Roof Type: |
Gambrel |
| Construction/Siding: |
Wood Siding |
| Total Parking Spaces: |
70 |
| Parking Type: |
Surface |
| Parking Description: |
Resealed and lined |
| Sprinklers: |
None |
| Heat Type: |
Propane |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable, Gigabit, Fiber Optic |
| Lot Frontage: |
253 |
| Lot Depth: |
see plan |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
fee simple |
| Legal Description: |
per deed |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,893 |
6,578 |
9,687 |
| Median Age: |
43.66 |
43.83 |
46.5 |
| Households: |
732 |
2,659 |
4,055 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
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