Downtown Derry Rest.Bldg.

Retail-Commercial for Sale
Catylist Listing ID: 30761104
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 1,628 SF
Gross Building Area: See Agent
Sale Price: $550,000
Unit Price: $337.84 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2021

Overview / Comments

Stand alone building in the downtown area with frontage on West Broadway ( Rte 102) which was used for take out pizza/sandwiches for many years. Originally was used as a bank. This property is in an OPPORTUNITY ZONE and has many possible uses.The area has been discussed in major re-development area in the close future and is part of the walk able downtown area with other food businesses, retail and specialty business establishments. Derry has the 4th largest population in the state of NH with over 33,000 residents. Great opportunity awaits a new owner. HIgh traffic viability! Sign location is easily seen and has both off street parking and street parking.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 30/ 026/ 003/ /
Retail Clientele: Business
Property Visibility: Excellent
Highway Access: Rte 93 is close by.
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1987
Roof Type: Other
Construction/Siding: Brick/Vinyl Siding
Parking Description: Off street and on street parking
Heat Type: Propane
Zoning Description: Central Business District
Lot Frontage: TBD
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Easement at back of property to allow next building over for residential parking for tenants
Land Ownership: Fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,452 33,959 65,353
Median Age: 35.97 38.6 39.38
Households: 3,777 13,269 23,818
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