Interesting Opportunity in Downtown Nashua

Office for Sale
Catylist Listing ID: 30036405
Property Subtypes: Governmental, High-Tech, Institutional, Office Building
Building Size (RSF): 4,576 SF
Gross Building Area: 6,834 SF
Gross Land Area: 0.23 Acres
Sale Price: $499,000
Unit Price: $109.05 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 6,834 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2018

Overview / Comments

Interesting opportunity near downtown Nashua. This 4576+/- SF office building was build in 2 sections in 1982 & 1985. It offers a mix of private offices, open areas and bathrooms on each of the two floors. An additional 2288+/- SF of climate controlled space on the lower level, with two separate means of egress, offers additional space opportunity for expansion or climate controlled storage. Walking distance to downtown Nashua and Hillsborough County Courthouse.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $14,626 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 0034-00012
Zoning: RC
Property Located Between: Main Street & Temple St
Highway Access: Rt 3/ Everett Turnpike
Site Description: Level city lot with onsite parking, landscaped street buffer
Area Description: Area consists of a mixture of office, municipal and downtown residential
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,288 SF
Year Built: 1982
Year Renovated: 1985
Roof Type: Gable
Construction/Siding: Block
Parking Ratio: 352 (per 1000 SF)
Parking Type: Surface
Parking Description: 13 onsite parking spaces in the front of the building. Additional street parking available.
Total Parking Spaces: 13
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: It offers a mix of private offices, open areas and bathrooms on each of the two floors. An additional 2288+/- SF of climate controlled space on the lower level, with two separate means of egress, offers additional space opportunity for expansion or climate controlled storage.
Lot Frontage: 113
Lot Depth: 89
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Office building

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,647 86,512 127,074
Median Age: 34.83 39.14 39.28
Households: 8,719 34,198 49,679

Contact

Photograph of Listing Agent

Bob James

Keller Williams Realty Nashua
NECPE Member
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