Commercial Condo in desirable Seabrook Plaza

Retail-Commercial for Sale
Catylist Listing ID: 30659084
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Condo? Yes
Building Size (RSF): 3,540 SF
Gross Building Area: See Agent
Sale Price: $649,000
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/23/2021

Overview / Comments

2 units. 1 Restaurant around 2800sf one store front around 800sf. Restaurant tenant in Modified Gross lease until 2025 $3,500/mo. Store front in Modified Gross lease for $1,100 month to month. Open to staying and signing lease per request of buyer. Landlord pays taxes and master insurance ($2,115/year) and plowing ($200-300/year), tenant pays utilities and interior insurance.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 7 / 91 / 202
Is Condo?: Yes
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,444 22,409 54,219
Median Age: 43.37 44.43 44.43
Households: 1,043 9,554 22,601

Contact

Photograph of Listing Agent

Scott Forte

Century 21 Northeast
NECPE Member
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