Class B Office & Industrial

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30023778
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Sale Price: $970,000
Unit Price: $97 PSF
Ceiling: 14 ft. / 12 ft. Clear
Docks/Doors: 1 Dock, 2 Doors
Office SF: 10,000 SF
Drive In Bays: 1 Bay
Property Use Type: Business
Building Name: 130 Ledge Rd
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/16/2018

Overview / Comments

Class B office space on second floor consists of 5,000 sq. ft. with kitchen, 2 ADA Bathrooms (one with shower) conference room, engineering/training area, seven private offices, and other large areas that can be used or easily reconfigured to suit your needs with existing windows throughout. Large open area for modular furniture, wired for Network, Phone and CATV. Must honor downstairs lease $6,481.00 per month for remaining 03 months. Lease ends 01/31/19. Downstairs leased space consists of a total 5,000 sq. ft. 2,500 sq. ft of which is currently used for record storage but can be easily converted back to warehouse space with an existing 6 ton floor lift that provides a loading dock for one bay and there is a 10 ' drive in door in other bay. Parking for 50 cars with Town approved plan on file for more parking. Expansion possibilities to increase building footprint by 5,000 sq. ft. 10,000 sq. ft. total increase if both floors built out. Building has Natural Gas, Town Water & Sewer and maintained wet sprinkler system. Excellent location close to Route I-95, Route 1, and Route 107 restaurants, shopping and Mass. border. Whole building will be available on January 31, 2019.

Additional Details

Nearest MSA: Boston-Cambridge-Quincy
County: Rockingham
Taxing Authority: Town of Seabrook
Tax ID/APN: 08193-6-17-2
Highway Access: Close to Route I-95 U.S. Route 1 & Route 107
Site Description: property type: Off Ind Flex Parking: Ample parking in back of building HVAC: Natural gas/electric Has Sprinklers Power: 400/208/3 phase Const.Type: Steel
Tenancy: Multiple Tenants
Number of Stories: 2
Typical SF / Floor: 5,000 SF
Property Condition: Excellent
Year Built: 1998
Year Renovated: 2011
Roof Type: Gable
Construction/Siding: Block, Metal Siding, Steel Frame
Parking Ratio: 5 (per 1000 SF)
Parking Type: Surface
Parking Description: 50 Parking spaces with approved plan for additional parking behind building.
Total Parking Spaces: 50
Column Spacing: 25 feet in between colums both length and width
Sprinklers: Wet
Amps: 400
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable, DSL, T1/T3, Other
Interior Description: Class B Office space with multiple offices, engineering areas, modular furniture areas and 2 ADA Bathrooms up (one with shower) and 2 ADA Bathrooms downstairs.
Zoning Description: Industrial Building MDL-96
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Cross Easements for access to both driveways.
Land Ownership: Owned
Legal Description: 1.73 Acres

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,489 22,130 59,721
Median Age: 41.77 42.14 44.35
Households: 1,843 9,058 24,863


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