3,200 +/- SF Office or Retail Condo For Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30623196 |
| Property Subtypes: |
Post Office, Retail-Pad
|
| 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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