Catylist ID:
#30840307
Mixed Use Property for Sale with 4,000+/- SF warehouse
Industrial
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: | 30840307 |
| Property Subtypes: | Flex Space, Free-Standing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Other |
| Building Size (RSF): | 8,785 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 2.97 Acres |
| Sale Price: | $975,000 |
| Unit Price: | $110.98 PSF |
| Ceiling: | 16 ft. Clear |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller, Sale/Leaseback, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/9/2023 |
Overview / Comments
|
Endless possibilities for this versatile mixed-use property that would make for a great in home business. 468 Mountain Ave. is a 2.98-acre parcel comprised of 4 buildings: The first building is a 3,780± SF mixed use consisting of 2,880± SF of residential living and retail space made up of two floors of 1,440± SF each plus a 900+/- SF two car garage. The ground level offers a retail showroom, and the second floor is residential apartment with 2 bedrooms, a bonus room, 2 bathrooms, newly added sunroom, eat in kitchen and living room area. This building could continue operate as mixed-use property or easily operate as a single-family or even a possible two-family conversion. The second building is a 100x40 or 4,000± SF industrial warehouse with overlooking mezzanine. Two (2) 14x14 drive in doors, two finished office spaces each 12’6” x10’8”, heat, central AC with 3 phase power available at the street 32x36 or 1,152± SF one bay heated 12x24 SF barn/shed adjacent to the right-hand side that previously served as a small retail store The parcel is zoned Rural, which allows for the following uses: residential, retail, home office, personal services, business service and several more with approval from the town of Northwood Excellent work where you live opportunity. There have been several updates throughout ownership (please see attachment for full list). Quick access to major highways such as Route 4 to the Lee and Epsom traffic circles. Sale contingent on Seller finding suitable housing- possible sale lease back opportunity. Original plot plan available upon request. Property Highlights • Excellent home business opportunity • 2.97+/- acres of land • 3,780+/- SF mixed use property with first floor retail, 2-bedroom 2-bathroom second floor apartment • 4,000+/- SF industrial warehouse space with overlooking mezzanine and two (2) 14x14 drive in doors, with two small 12’6” x 10’8” finished offices, heat, central AC with 3 phase power available at the street • Possible sale leaseback opportunity |
Attachments & Media
Additional Details
| Nearest MSA: | Boston-Cambridge-Newton |
| County: | Rockingham |
| Tax ID/APN: | 08164-000242000006000000 |
| Zoning: | RURAL/COMMERCIAL/INDUSTRIAL |
| Property Located Between: | Epsom traffic circle and Lee traffic circle |
| Highway Access: | Route 4 State highway |
| Site Description: | 2.97 acres of land with ample parking. |
| Area Description: | Northwood is on Route 4 between Concord and the Lee Traffic Circle heading to the Seacoast. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 4 |
| Number of Stories: | 2 |
| Property Condition: | Good |
| Year Built: | 1981 |
| Roof Type: | Gable |
| Construction/Siding: | Wood Frame |
| Exterior Description: | Vinyl Siding |
| Parking Type: | Surface |
| Column Spacing: | 20 |
| Heat Type: | Propane |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Lighting: | LED, Fluorescent |
| Internet Access: | Cable |
| Zoning Description: | Rural/Commercial/Industrial |
| Lot Frontage: | 637.5 |
| Water Service: | Well |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 1,595 | 12,422 |
| Median Age: | 41.82 | 41.31 |
| Households: | 594 | 4,527 |
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