Catylist ID: #29934860
1 Foundry Street
Special Purpose for Sale
|Catylist Listing ID:||29934860|
|Building Size (RSF):||56,862 SF|
|Gross Building Area:||See Agent|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
For the first time in decades, the “Kleen Laundry” property portfolio is available for purchase.
1 Foundry Street is one of three (3) properties within the portfolio and can be purchased separately or as part of the portfolio.
The property is currently leased under a pure triple net lease, which has been in place for over ten (10) years and has recently been renewed to July 10, 2021, with two (2) additional five (5) year options remaining.
1 Foundry Street is strategically located in downtown Lebanon, NH, which is a very vibrant and classic New England downtown. 1 Foundry Street is within walking distance to many shops, restaurants and commercial services.
Although strategically successful as a commercial laundry facility, the building is located in the Central Business District (CBD) Zone and could be repurposed into other commercial uses over time as other classic mill buildings have been in downtown Lebanon, NH.
1 Foundry Street is offered at:
|Zoning:||CENTRAL BUSINESS DISTRICT|
|Proximity:||1 mile||3 miles||5 miles|
Bruce M. Waters, CCIMLang McLaughry Commercial Real Estate NECPE Member
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