Former Bank Building Available!

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30855937
Property Subtypes: Free-Standing Building, Retail-Pad
Building Size (RSF): 7,179 SF
Gross Building Area: 11,472 SF
Gross Land Area: 1.74 Acres
Sale Price: $950,000
Unit Price: $132.33 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 7,179 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2023

Overview / Comments

FOR SALE. Formerly the Northway Bank – At the entrance to the Belknap Marketplace, DWHighway, Belmont, NH. It offers great visibility, healthy traffic counts (+/- 20,000) at the light. This two-story ±7,179 SF retail building is comprised of a wide open area, small offices, a bank vault and a drive-thru window. There is a full basement (4,293 sf) with room for storage, including two restrooms. It can easily convert to finished office space. Situated on 1.74 acres, the exterior is nicely landscaped and features two drive-thru lanes, a lower-level entrance, and ample on-site parking. The adjacent plaza is a grocery-anchored center with national and local tenants, including Shaw’s Supermarket, Planet Fitness, ClearChoice Urgent Care and Joanne Fabrics.

It is a strong candidate for redevelopment opportunity.

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 201-001-000-000
Zoning: COMMERCIAL (CO)
Property Visibility: Excellent
Largest Nearby Street: Daniel Webster Highway
Feet of Frontage: 329
Traffic/Vehicle Count: 20,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1979
Construction/Siding: Wood Frame, Wood Siding
Total Parking Spaces: 52
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Package Unit
Lot Frontage: 329
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,583 16,759 27,564
Median Age: 37.92 42 43.2
Households: 691 7,051 11,521

Contact

Photograph of Listing Agent

Andrew Levy

Verani Realty Inc. d/b/a Berkshire Hathaway HomeServices Verani Realty
NECPE Member
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