Beautifully Maintained Office Building For Sale or Lease

Office for Sale
Catylist Listing ID: 30395287
Property Subtypes: Executive Suites, Governmental, Institutional, Medical, Office Building
Building Size (RSF): 7,099 SF
Gross Building Area: 8,355 SF
Gross Land Area: 0.70 Acres
Sale Price: $650,000
Unit Price: $91.56 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Usable Size (USF): 7,099 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/30/2020

Overview / Comments

Beautifully maintained commercial office building for sale or lease on Rt 122 in Amherst NH. This high-visibility office building is just feet from busy rt 101A in Amherst. With direct visibility from both 101A and 122, this property provides easy access and high traffic counts. Currently tenanted through February 2020 with a very attractive cap rate, this property provides a great opportunity for an investor looking to invest some 1031 funds or as a new investment property, or an owner user to purchase now and make a nice return until ready to occupy. Could also be subdivided as a muli-tenant building or conversion to other uses per the flexible zoning.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 001 023 004
Property Visibility: Excellent
Highway Access: Rt 3/Everett Turnpike via exit 8, Rt 101
Airports: BOS, MHT
Site Description: Level lot, landscaped, paved, off-street parking
Area Description: Mix of small businesses along state highway
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 2,000 SF
Year Built: 1972
Roof Type: Hip
Construction/Siding: Vinyl Siding
Exterior Description: Vinyl siding
Parking Type: Surface
Parking Description: Paved parking lot
Sprinklers: None
Heat Type: Oil
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Interior Description: Nicely finished offices and reception areas
Zoning Description: C - Commercial
Lot Frontage: 170
Water Service: Well
Sewer Type: Septic
Easements Description: Easement through the adjacent property to access 2 parking spaces
Legal Description: Office building

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,487 55,186
Median Age: 42.03 40.75
Households: 6,471 20,484


Photograph of Listing Agent

Bob James

Keller Williams Gateway Realty - KW Commercial
NECPE Member
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