One Mill Plaza

Office for Sale
Catylist Listing ID: 30631907
Property Subtypes: Office Building
Building Size (RSF): 15,084 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $1,289,000
Unit Price: $85.45 PSF
Property Use Type: Business
Building Name: One Mill Plaza
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2020

Overview / Comments

Downtown, Riverfront, Great Investment, Ready for you to own- The property at 1 Mill Street, fondly known as One Mill Plaza, is an incredible piece of real estate and right now after 39 years of this present ownership, it is available for you to own and manage. The good news is the tenants that are in this building are thriving and looking forward to stay in place with the new owner. The building is in really great condition from the foundation to the roof and all points in between. This building has been managed and overseen by the same man since 1990, and he is happy to share all there is to know about One Mill Plaza. As you know, there are many aspects of today's market that make this property an exciting opportunity: 1. Downtown Laconia is in the process of a rebuilding with private and city owners investing lots of money into the existing property; 2. With the onset of people "working from home", this building offers much opportunity for the smaller business that needs to be "out of the house" or a Boston or New York based company to lease space for their employees that now live and play within the Lakes Region of NH. If you need a place for your business and you would rather own the real estate, there is room for you to bring your business to One Mill Plaza and make this your home away from home. My belief is the future is bright for Laconia, and I believe the value of this real estate will increase as time goes forth.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $19,300 (Annual)

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 432-161-36
Zoning: UC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,724 18,411 26,076
Median Age: 37.69 42.73 43.56
Households: 2,861 7,690 10,920

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