Multi-Use Buildings - Investment / Development Opportunity.
Retail-Commercial
for Sale
Sale Pending/Contingent
Also listed as Multi-Family
| Catylist Listing ID: |
28619741 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Other
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
6,700 SF
|
| Gross Building Area: |
13,000 SF |
| Gross Land Area: |
2.14 Acres
|
| Sale Price: |
$395,000 |
| Unit Price: |
$58.96 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Business |
| Building Name: |
89 Main St |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/28/2020 |
Overview / Comments
|
MULTI-USE PROPERTY ON 2+ ACRES CONSISTING OF A 3500 SF+/- RESTAURANT BUILDING [C-2003] INCLUDING A FULL BASEMENT & UNFINISHED 2ND STORY CURRENTLY USED FOR STORAGE. FORMERLY KNOWN AS CARMEN'S THE FULLY EQUIPPED RESTAURANT IS CURRENTLY LEASED TO JALISCO MEXICAN RESTAURANT THROUGH DEC; 2022. ADJACENT TO THIS BUILDING IS A [C-1900] 2 STORY HOME WITH ATTACHED BARN CONSISTING OF 3200 SF+/-. THIS HOUSE HAS BEEN GUTTED IN PREPARATION FOR RENOVATIONS FOR A SINGLE FAMILY DWELLING - INCLUDING THE BARN. AMPLE PARKING PLUS GOOD EXPOSURE & SIGNAGE. BOTH PROPERTIES ARE ON WELL AND SEPTIC. OWNER FINANCING IS POSSIBLE TO QUALIFIED BUYERS. [PLEASE NOTE: BUSINESS IS NOT INCLUDED]
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Tax ID/APN: |
2012P02-00406 |
| Zoning: |
1F RES |
| Market Type: |
Small |
| Retail Clientele: |
General |
| Property Located Between: |
RTE 107/108 [MAIN STREET] & NORTH ROAD |
| Road Type: |
Paved, Highway |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
420 |
| Highway Access: |
RTE 107/108 [MAIN STREET] AND NORTH ROAD |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
2003 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding, Wood Frame, Wood Siding |
| Parking Type: |
Surface |
| Heat Type: |
Oil |
| Heat Source: |
Central |
| Air Conditioning: |
Air Curtain |
| Internet Access: |
Cable |
| Zoning Description: |
COMMERCIAL / MULTI FAMILY |
| Lot Frontage: |
420 FEET [CORNER LOT] |
| Water Service: |
Well |
| Sewer Type: |
Septic |
| Easements: |
Utilities |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,357 |
10,427 |
45,902 |
| Median Age: |
44.54 |
44.6 |
43.1 |
| Households: |
862 |
3,996 |
18,248 |
|
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Neither New England Commercial Property Exchange nor
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|
