High Visibility Mixed-Use on Rte 1
Office
for Sale
| Catylist Listing ID: |
30858579 |
| Property Subtypes: |
Mixed Use
|
| Building Size (RSF): |
2,372 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.36 Acres
|
| Sale Price: |
$520,000 |
| Unit Price: |
$219.22 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/22/2024 |
Overview / Comments
- Single family residence with a detached, heated garage on busy Route 1/Lafayette Road in Rye.
- Entire property is in the Commercial Zone and in Mult-Family Dwelling Overlay District.
- Residence served by private well water & private septic; Aquarion Water Company municipal water available on Lafayette Road approximately 60 feet from property line.
- Residence is leased to a tenant; lease rate is $2,500 per month plus utilities and snow removal.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$4,210 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Tax ID/APN: |
Map 10, Lot 9 |
| Zoning: |
COMMERCIAL |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Year Built: |
1955 |
| Year Renovated: |
2002 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Oil |
| Heat Source: |
Baseboard, Central |
| Internet Access: |
Cable |
| Lot Frontage: |
100' |
| Water Service: |
Well |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,555 |
15,432 |
45,726 |
| Median Age: |
36.54 |
43.52 |
44.54 |
| Households: |
1,235 |
6,538 |
20,158 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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