Industrial Units For Sale

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30793868
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Status: Pending/Contingent
Condo? Yes
Building Size (RSF): 18,000 SF
Gross Land Area: 3.24 Acres
Sale Price: $2,700,000
Ceiling: 24 ft. Clear
Docks/Doors: 2 Docks
Drive In Bays: 2 Bays
Property Use Type: Business
Usable Size (USF): 18,000 SF
Sale Terms: Cash to Seller
Auction Type: Disclosed Reserve
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/19/2022

Overview / Comments

Hard to find industrial units with just a little bit of office and plenty of open high bay to work with. The high bay section is 20 at the eaves and 24 at the center. The office space is minimal with approximately 20% in office buildout for unit 3 (746) and almost 15 % in unit 1 (744). Unit 1 has a tenant at will (lease ends in July) and unit 3 has a great regional tenant that is a superior occupant with a longer term lease. The structure is solid, with a loading dock and drive in door for unit 1 and two drive ins for Unit 3. Great location!

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: Merrimack
Tax ID/APN: 0000007E-00000036-000000
Is Condo?: Yes
Zoning: C2-GE
Property Located Between: Everett Turnpike and Route3 (DW Highway )
Highway Access: Rt 3 has immediate access to the Everett Turnpike. Additionally, the exit for the Manchester Boston Regional Airport is just 3-4 minutes away. The Turnpike allows for access to E/W Rt 101 within 8 minutes.
Airports: Manchester Boston Regional
Site Description: Location is offering excellent proximity to the Manchester-Boston Regional Airport. Corporate neighbors BAE Systems, Anheuser-Busch, Elbit Systems of America and Fidelity Investments.
Area Description: 1 min access to Rt 3 Just over the line from Bedford Easy access to Manchester Boston Regional Ease of access to Manchester and Nashua Loading docks and drive in doors
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1970
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: Pre-Fin Metal
Parking Type: Surface
Parking Description: Adequate parking for each unit on the end and additional for both in the center.
Total Parking Spaces: 75
Eave Height: 20
Column Spacing: clear
Amps: 220
X-Phase: 3 phase
Heat Type: Natural Gas, Suspended Radiant Heaters
Heat Source: Ceiling Units
Air Conditioning: Other
Lighting: Fluorescent, Other
Internet Access: Cable
Interior Description: Unit 1 has minimal interior fit up while unit 3 has approximately 15 % of the space as office fit up.
Zoning Description: C2-GE
Lot Frontage: 100
Lot Depth: varied
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Condominium
Legal Description: 9598/2883

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,736 28,544 84,989
Median Age: 36.51 40.35 40.15
Households: 1,468 10,599 31,311
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