Mix-use Duplex in heart of Downtown! Completely Renovated Residential
Retail-Commercial
for Sale
| Catylist Listing ID: |
30876098 |
| Property Subtypes: |
Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
|
| Building Size (RSF): |
2,096 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$499,900 |
| Unit Price: |
$238.50 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/15/2024 |
Overview / Comments
|
Location, Location, Location! This exceptional mixed-use duplex offers unparalleled access in the heart of downtown, the fastest-growing city in Seacoast New Hampshire by construction starts. Perfect for investors with a potential cap rate of 8.44% or for entrepreneurs looking to establish their business in a thriving area. Be part of the largest city in the seacoast by both population and land mass, and capitalize on a wave of exciting development projects in a dynamic and flourishing community. The upstairs unit has been completely renovated, exuding character with beautiful hardwood floors and crown molding throughout. The spacious living room features built-in cabinets and high ceilings, while the bedrooms boast large windows that flood the space with natural light and offer incredible views of bustling downtown Rochester. The dining area is adorned with elegant gray wainscoting, white tones, and recessed lighting. Classic architectural details, including curved walls and an archway, lead seamlessly into the kitchen, which showcases an earthy tile backsplash, white finish cabinetry, and tin ceilings. This unit also has the potential to be converted into a 3-bedroom for additional cash flow. The lower commercial unit provides over 1,000 square feet of open space, ideal for retail or office use. Large front windows ensure ample natural light and visibility, while character abounds with hardwood floors and tin ceilings. Act fast as this will not last.
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Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Tax ID/APN: |
0121-0368-0001 |
| Zoning: |
MIXED |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1910 |
| Year Renovated: |
2023 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding |
| Heat Type: |
Oil |
| Heat Source: |
Baseboard |
| Air Conditioning: |
Window Unit |
| Internet Access: |
Cable, DSL |
| Lot Frontage: |
TBD |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,195 |
27,028 |
41,565 |
| Median Age: |
36.96 |
40.87 |
40.75 |
| Households: |
3,026 |
11,256 |
16,912 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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