Bought with Peter Metsch • KW Coastal and Lakes & Mountains Realty
$1,000,000
$1,025,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
9.24 Acres Lot
SOLD DATE : 08/29/2023
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Investment,Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4956662
Sold Date 08/29/23
Year Built 1988
Annual Tax Amount $19,309
Tax Year 2022
Lot Size 9.240 Acres
Acres 9.24
Property Description
1494 Route 3A is available for SALE. There are two well-maintained, two-story buildings on 9.24 Acres. Total Revenue - $167.245 NOI - $85,070 Building 1 is 7506sf and Building 2 is 7524sf. There is paved parking for approx. 40 cars on site. Both buildings are fully occupied, apart from one 535sf vacant unit in Bldg. 1. Bldg. 1 currently has 5 Tenants. Bldg. 2 has 2 Tenants which includes the Seller. The Seller occupies approximately 4800sf of the building and has a lease in place until 12/31/29. The Seller installed an overhead drive-in door to an open work area at the rear of bldg. 2. There is a billboard on the highway facing 93 north. This is a long-term lease that is paid to the Owner monthly and does not expire until 2045. There are also plans and approvals available for an 8400sf garage with the possibility of overhead doors.
Location
State NH
County Nh-merrimack
Area Nh-Merrimack
Zoning SB
Interior
Equipment Air Conditioner
Exterior
Exterior Feature Block, Concrete
Garage Off Street, On-Site, Parking Spaces 21+, Paved
Garage Description Off Street, On-Site, Parking Spaces 21+, Paved
Utilities Available Gas - On-Site, Internet - Cable
Roof Type Shingle - Asphalt
Building
Foundation Slab - Concrete
Sewer Septic
Water Drilled Well, Private
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