Riverside Way

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30680973
Property Subtypes: Flex Space, Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 93,890 SF
Gross Building Area: See Agent
Gross Land Area: 14.03 Acres
Sale Price: $1,900,000
Unit Price: $20.24 PSF
Ceiling: 16 ft. Clear
Docks/Doors: 2 Docks
Office SF: 26,454 SF
Drive In Bays: 2 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/6/2022

Overview / Comments

One Riverside Way offers a unique redevelopment opportunity within the Town of Wilton, NH. The property consists of a 4-story mill/manufacturing building constructed in 1885, and a 1 and 2 story wing manufacturing building constructed in 1952, combined totaling approximately 93,890 square feet. This unique triangle shaped lot is bordered on two sides by the beautiful Souhegan River and NH State Route 101 (the Gibbons Highway). The property spans approximately 14-acres comprised of six (6) separate parcels. Included on this property is a private lake which provides a tranquil campus setting and a 2-story office/house totaling +/- 2,970 square feet. The property is located within walking distance from Wilton’s CBD and retail amenities. The property has been identified as a historical landmark and may qualify for the national register with the potential for additional funding sources and tax benefits. This property is well positioned for continued use as a manufacturing facility or potential conversion to multi-family residential, condos or a mixed-use project through a zoning variance or special exception.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: L-066-00
Zoning: INDUSTRIAL
Property Located Between: NH Route 31 and Route 13
Airports: Manchester-Boston Regional Airport
Site Description: This unique triangle shaped lot is bordered on two sides by the beautiful Souhegan River and NH State Route 101 (the Gibbons Highway). The property spans approximately 14-acres comprised of six (6) separate parcels. Included on this property is a private lake which provides a tranquil campus setting.
Area Description: Central Wilton Location
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 4
Typical SF / Floor: 66,546 SF
Property Condition: Good
Year Built: 1885
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample parking.
Column Spacing: Varies
Passenger Elevators: 1
Amps: 3,200
Heat Type: Oil
Zoning Description: Industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,303 8,209 22,881
Median Age: 38.37 39.98 40.94
Households: 513 2,986 8,473

Contact

Photograph of Listing Agent

Deane Navaroli

William & Reeves, LLC.
NECPE Member
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