Bought with Scott MacFarland • EXP Realty
$972,500
$995,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
5,403 SqFt
SOLD DATE : 09/28/2021
Key Details
Sold Price $972,500
Property Type Commercial
Sub Type Business,Investment,Office,Opportunity,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,403 sqft
Price per Sqft $179
MLS Listing ID 4867375
Sold Date 09/28/21
Year Built 1780
Annual Tax Amount $18,180
Tax Year 2020
Lot Size 7.830 Acres
Acres 7.83
Property Description
Must-See Investment Opportunity!! Located in desirable downtown Hollis NH, this 5,700 Sq ft historic building is currently leased for 3 years with an additional (1) 5 year option. Current lease is $16 Sq. Ft. NNN, Building is fully occupied by 1 tenant! Current use is a research and development facility & office for medical and consumer products under current global engineering firm. This (3) story building consists of conference rooms, group & private offices, breakroom/kitchen area, and prototyping workshop. Offers private septic and water, plenty of parking and 3 phase electric power . Built in 1780 and renovated in 1995, the owners have managed to maintain the charming and well-built historical aspects of the property with the modern design of the additions and renovations. This is a a truly unique property that is both an attractive fixture of the town of Hollis and a high value functional space for technical firms, and endless other potential uses. This historic landmark downtown location is extremely well maintained with impressive interior fit-up, highly functional usage & dependable tenant income. This "Must See" Iconic Property on 7+ Acres of Land is a Great Investment opportunity with desirable Cap Rate return
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Agricultural, Business
Rooms
Basement Entrance Interior
Basement Climate Controlled, Concrete Floor, Insulated, Stairs - Exterior, Storage Space, Interior Access, Exterior Access, Stairs - Basement
Exterior
Exterior Feature Wood Siding
Garage Driveway, On-Site, Paved
Garage Description Driveway, On-Site, Paved
Utilities Available High Speed Intrnt -AtSite
Roof Type Shingle - Asphalt
Building
Lot Description Agricultural
Sewer Private
Water Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "