3,200 +/- SF Office or Retail Condo For Sale
Retail-Commercial
for Sale
Catylist Listing ID: |
30623196 |
Property Subtypes: |
Post Office, Retail-Pad
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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 - Route 1 |
Sale Terms: |
Cash to Seller, Sale/Leaseback |
Cap Rate: |
Undisclosed |
Last Updated: |
1/8/2021 |
Overview / Comments
At Ferns Crossing, a high traffic neighborhood plaza on Route 1 in North Hampton, is a 3,200 +/- sf condo unit for sale. The unit includes 4 separate office suites, a shared kitchenette, 2 newly renovated bathrooms, wood vinyl flooring and fresh new paint. New roof installed this year. Short term leases allow this property to be purchased for owner-occupancy or investment property.
The property has excellent signage on Route 1 and ample onsite parking. Located next to Dunkin Donuts drive-through, TD Bank and across from a 280,000 +/- sf mall with 18,000 VPD traffic count.
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Additional Details
Nearest MSA: |
Boston-Cambridge-Newton |
County: |
Rockingham |
Tax ID/APN: |
Map 7, Lot 115-U06 |
Is Condo?: |
Yes |
Zoning: |
INDUSTRIAL - BUSINESS/RESIDENTIAL |
Retail Clientele: |
General, Family, Business, Tourist |
Property Located Between: |
Portsmouth and Hampton |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Route 1 |
Feet of Frontage: |
100 |
Traffic/Vehicle Count: |
18,000 |
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. |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Property Condition: |
Good |
Year Built: |
1986 |
Roof Type: |
Gable |
Construction/Siding: |
Vinyl Siding |
Total Parking Spaces: |
106 |
Parking Type: |
Surface |
Parking Description: |
Ample, on-site |
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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