Office plus 3 apartments !

Office for Sale
Catylist Listing ID: 30634818
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 3,662 SF
Gross Building Area: See Agent
Sale Price: $349,000
Unit Price: $95.30 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/12/2021

Overview / Comments

An exciting opportunity to let a building pay your office costs or lease out the office space and you would have a $19,000 + net. 3 leased apartments and 842 sq' of vacant office space, Owner had his Optometrist office there for 29 years. 2 apartments were renovated in the last 2 years. The one that has not been renovated has lovely wood floors. Walk to downtown for lunch or dinner - 7 restaurants within easy walking distance. New oil tank just installed.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $6,662 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Windsor
Tax ID/APN: 28509015658
Zoning: CB
Property Located Between: Burlington, VT and Manchester, NH
Property Visibility: Good
Highway Access: State Route 4 and 5 crossroads as well I-89 and I-91
Airports: 10 minutes to Lebanon Airport, 1 hour + to Manchester,NH and Burlington,VT
Site Description: Flat - usable
Area Description: Downtown - municipal parking lot across the street, street parking beside it and 3 parking spaces for overnight winter parking.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1880
Roof Type: Other
Construction/Siding: Other
Exterior Description: Asbestos and clapboard siding
Parking Type: Surface
Sprinklers: None
Heat Type: Oil
Heat Source: Baseboard
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: Office - can be rearranged to fit your needs - Apartments are in good shape
Zoning Description: Commercial Business
Lot Frontage: 173'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Full
Legal Description: Book 93 Page 433

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,017 14,962 29,782
Median Age: 46.1 41.45 36.72
Households: 987 6,942 11,842

Contact

Photograph of Listing Agent

Cheryl Brush

Moseley Associates
NECPE Member
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