4 Unit Condo Building for Sale at Epsom Traffic Circle

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30786520
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 3,584 SF
Gross Land Area: 1.06 SF
Sale Price: $349,900
Unit Price: $97.63 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 3,584 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/3/2022

Overview / Comments

Excellent opportunity for an owner/user or investor looking to obtain a fully leased stand alone four unit commercial office/retail condominium building located directly at the traffic circle in Epsom NH. This attractive, low maintenance property has newer updates such as heat pumps and roof. Only 20 minutes to Concord and 30 minutes to NH’s Seacoast.

Property Highlights Include:
* Versatility- Units can be easily combined for contiguous space
* Under market rents for additional flexibility and lease/income potential
* Makes for a great investment or owner user property
* All units are clean, spacious, with lots of windows for natural lighting and offer a private entrance, and spacious half bath
* Two units are configured with multiple office and two units offer a large open space
* Central Air, large full basement, ample parking and signage
* Excellent commuter location at the Epsom Traffic circle junction to Routes 28, 202, 4, and 9.
* High visibility and high traffic count with 17,000+/- VPD

Area neighbors include Subway, NH State Liquor store, Wendy's, McDonald’s, Dunkin Donuts, CITGO, TD Bank and more.

Attachments & Media

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 000U05000028000000
Zoning: RESIDENTIAL/ COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Suncook Valley Highway and Dover Road
Property Visibility: Excellent
Largest Nearby Street: US Route 4
Feet of Frontage: 488
Traffic/Vehicle Count: 17,000
Highway Access: Epsom traffic circle junction of rt 28/202/4/9
Airports: Manchester-Boston Regional Airport
Site Description: Stand alone building on level lot with paved driveway and plenty of parking. Building has a shared well and septic.
Area Description: Epsom is located on the cross roads to the Capitol Region, The Lakes Region, and The Seacoast.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,729 SF
Property Condition: Good
Year Built: 2004
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Exterior Description: This attractive and incredibly well-maintained property offers vinyl siding for easy maintenance, large front porch for curb appeal.
Parking Type: Structure
Parking Description: Flat, paved on-site, unassigned, ample
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Residential/ Commercial
Lot Frontage: 488
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,402 13,608
Median Age: 40.63 42.17
Households: 1,182 5,029

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