L/B Corner lot at Lit Intersection

Retail-Commercial for Sale
Catylist Listing ID: 30368348
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 3,375 SF
Gross Land Area: 2 Acres
Sale Price: $549,000
Unit Price: $162.67 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,375 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2019

Overview / Comments

On a level corner lot and a lit intersection, just over 3 Miles from theSpaulding Tpke Exit 12, and 6 1/2 miles from Lee Traffic Circle.

3,375 Frame Building on slab could be expanded and has Well & Septic to service 8,125 SF building.

Previous use was an Archery Shop Retail and Service.

Permitted uses include Agricultural, Automobile, Banks, Childcare,Distillery, Gasoline Service Stations, Convenience Stores and other retail,Health Care, Motels, Restaurants, and Institutional.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Submarket/Township: Dover/Rochester/Somersworth
Taxing Authority: Barrington, NH
Tax ID/APN: Map 220 Lot 50
Retail Clientele: General, Business, Traveler, Tourist, Other
Property Visibility: Excellent
Largest Nearby Street: Calef Highway, aka Route 125
Feet of Frontage: 600
Traffic/Vehicle Count: 14,000
Highway Access: Route 125 parallels the Spaulding Turnpike (north) and I-95 in the south only a few miles away.
Airports: Pease Tradeport
Site Description: Level lot, with well [350'/10 gal/min] and septic system which satisfies an 8125 SF building. Traffic Count of 14,000 VPD as of Feb/2016
Area Description: Calef Highway is a well travelled north-south route linking southern Rockingham County towns to Strafford County and north.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1990
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Great visibility from all directions, a main entry door with retail sidelights.
Total Parking Spaces: 35
Parking Type: Surface
Sprinklers: None
Heat Type: Propane
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Large Retail/Showroom area, with two long rooms previously used for archery that could easily be converted to more retail area, work area, or storage.
Zoning Description: Regional Commercial
Lot Frontage: 600 feet on two streets
Water Service: Well
Sewer Type: Septic
Land Ownership: Fee simple
Legal Description: SCRD 1309/427

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,815 42,111
Median Age: 41.52 39.87
Households: 4,726 16,566
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