Catylist ID:
#30623196
3,200 +/- SF Commercial Condo For Sale; Route 1
Office
for Sale
| Catylist Listing ID: | 30623196 |
| Condo? | Yes |
| Building Size (RSF): | 3,200 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $300,000 |
| Property Use Type: | Investment, Vacant/Owner-User |
| Building Name: | Ferns Crossing |
| Sale Terms: | Cash to Seller, Sale/Leaseback |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/7/2021 |
Overview / Comments
|
Located within Ferns Crossing, a popular neighborhood plaza on Route 1, is a 3,200 +/- sf second floor commercial condominium unit for sale. The property is ideal for an owner-user or investor. Current owner occupies a portion of the office space and would consider a lease-back upon sale. There is also an opportunity for the Buyer to take occupancy of the office space owned by the Seller. The office suite is newly renovated with bright windows, wood flooring, fresh paint and updated bathrooms. The property has excellent signage on Route 1 with ample on-site parking. Condominium park is professionally managed and maintained. For Sale $300,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Boston-Cambridge-Newton |
| County: | Rockingham |
| Tax ID/APN: | Map 7, Lot 115-U06 |
| Is Condo?: | Yes |
| Zoning: | INDUSTRIAL - BUSINESS/RESIDENTIAL |
| Property Located Between: | Portsmouth and Hampton |
| Property Visibility: | Excellent |
| Highway Access: | Interstate 95 |
| Site Description: | Professionally landscaped and well-managed plaza on Route 1 with two curb cuts. |
| Area Description: | Directly across from a 280,000 +/- SF Mall with anchor tenants including Home Depot, Shaws and Marshalls. Property also abuts Dunkin Donuts and TD Bank. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Built: | 1986 |
| Roof Type: | Gable |
| Construction/Siding: | Vinyl Siding |
| Parking Type: | Surface |
| Parking Description: | Ample, on-site |
| Total Parking Spaces: | 106 |
| Sprinklers: | Wet |
| Heat Type: | Natural Gas |
| Heat Source: | Wall Units, Ceiling Units |
| Air Conditioning: | Engineered System, Package Unit |
| Lot Frontage: | 100 |
| Water Service: | Municipal |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 20,653 | 42,986 |
| Median Age: | 46.9 | 45.17 |
| Households: | 8,750 | 18,108 |
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