Washington Park at Keene

Office for Sale
Also listed as Multi-Family, Retail-Commercial
Catylist Listing ID: 28494161
Property Subtypes: Mixed Use
Building Size (RSF): 75,000 SF
Gross Building Area: 135,000 SF
Gross Land Area: 206,444 SF
Sale Price: $15,000,000
Unit Price: $200 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: Washington Park of Keene
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2018

Overview / Comments

Adjacent to Central Square in the Central business district, Washington Park is ideal for renovation or can be utilized for any commercial or residential use on the entire 4.8 acre parcel. Commercial uses in the existing building include professional office, restaurant facilities, fitness, performing arts, retail, residential condominiums and more. There are 58 existing classrooms, a fully functional kitchen with adjacent seating area and existing gymnasium with locker rooms. The open land on the property is ideal for a multifamily building with retail on the first floor, hotel and conference center or a build to suit office/ medical use.

Additional Details

Nearest MSA: Keene
County: Cheshire
Tax ID/APN: 017 07 007
Zoning: CBD
Market Type: Medium
Property Located Between: Spring and Roxbury Streets
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Transportation: Highway
Highway Access: Route 101, 10, 12 and 9 close
Airports: Dillantā€“Hopkins Airport Keene
Site Description: 4.8 acre property in the Central Business District of Keene, NH. Renovate the existing 135,000 sf of space or place your project on this rare large in town parcel. All 4.8 acreas are usable.
Area Description: Located at the Northern end of the Central Business District adjacent to Central Sqaure. Area is busy at all times of the day.
Total Number of Buildings: 3
Number of Stories: 3
Typical SF / Floor: 20,000 SF
Year Built: 1920
Year Renovated: 1986
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick exterior in great condition.
Parking Ratio: 2.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking can be expanded onsite and is reflected in number reported.
Total Parking Spaces: 320
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Propane, Steam
Heat Source: Baseboard, Wall Units, Radiant
Internet Access: Cable, T1/T3, Dialup
Interior Description: Former classrooms, gymnasium, library and auditorium with historic character.
Zoning Description: Central Business District
Lot Frontage: 950
Lot Depth: 500
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Owned

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,735 19,251 27,946
Median Age: 28.79 34.6 37.87
Households: 3,603 7,340 10,981
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