Light Industrial & Warehouse

Industrial for Sale
Catylist Listing ID: 30769711
Property Subtypes: Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 24,845 SF
Gross Land Area: 3.30 Acres
Sale Price: $2,250,000
Unit Price: $90.56 PSF
Ceiling: 32 ft. Clear
Docks/Doors: 4 Docks
Office SF: 8,274 SF
Drive In Bays: 1 Bay
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: 130 Whittier Highway
Sale Terms: Cash to Seller
Cap Rate: 4.78%
Average Occupancy Rate: 100
Last Updated: 12/7/2021

Overview / Comments

Prime for a 1031 exchange !!!!
Well constructed industrial building on 3.3± acres, improved with high ceilings and an architecturally designed drive thru portico entrance for the office. There is a tenant in place with a NNN lease. The property has five (5) dock and ground level doors, ample on-site parking, and a high bay warehouse with good flow. Mez level office space that doubles as warehouse currently. Looking for a good replacement property for a 1031 before the end of the year? This could be the best bet.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Carroll
Submarket/Township: Lakes Region
Taxing Authority: Moultonborough
Tax ID/APN: 141003000000
Zoning: COMMERCIAL
Highway Access: Located directly on Route 25 and only 3-4 miles from Daniel Webster Highway in the Lakes Region, it's only 10 miles to Route 93.
Airports: Laconia
Site Description: 3.3 acres with more than adequate parking. Long frontage on Rt 25, two level access with plenty of turn around for trucking. Parking and loading areas all paved.
Area Description: Moultonborough is a town in the Lakes Region of New Hampshire with a population of 4,099, and is in Carroll County. It is located just north of Meredith on the Northwest side of Lake Winnipesaukee and sitting to the north east of Squam Lake. Living in Moultonborough offers residents a rural feel and most residents own their homes. The lakes region is a year round destination for both vacationers and business people. There is pretty good access to Route 93 which is a four lane divided highway.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 14,104 SF
Property Condition: Good
Year Built: 1991
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Concrete, Stucco, Other
Exterior Description: Well maintained, overall good condition. Stucco exterior, concrete floors with the office area top side having carpet. Interior office area is sheetrock partitions for several small offices with a very large open bullpen.
Parking Type: Surface
Parking Description: Parking has approximately 88 spaces, with a drive thru portico for entry to the office area located on the upper level. Lower level has room for truck loading and parking.
Total Parking Spaces: 88
Column Spacing: 24 varied
Overhead Cranes: Undisclosed
X-Phase: 3 phase
Heat Type: Propane, Other
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Lighting: Fluorescent, Halogen, Other
Internet Access: Cable
Interior Description: Lower level is high bay warehouse for a larger portion, with the balance light industrial and or lower ceiling warehouse. Upper level is office currently being used as warehouse, with carpets and sheetrock with several smaller offices and break rooms.
Zoning Description: Commercial
Lot Frontage: 500 +/-
Lot Depth: varied
Water Service: Municipal
Sewer Type: Municipal
Easements Description: None known.
Land Ownership: Fee Simple
Legal Description: 3475/0631

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 656 7,995
Median Age: 48.21 49.63
Households: 266 3,522
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