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$225,000
Est. payment /mo
1,600 SqFt
UPDATED:
08/08/2024 07:46 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $140
MLS Listing ID 73241054
HOA Fees $680
HOA Y/N true
Year Built 1985
Annual Tax Amount $2,953
Tax Year 2023
Lot Size 1.500 Acres
Acres 1.5
Property Description
Opportunity to take advantage of a value-add investment, two contiguous retail or office investment condos just off busy Route 102 in Hudson. This location benefits from significant morning and evening traffic between Hudson/ Nashua and Londonderry/ Derry/ Interstate 93. Unit E and Unit F together are 1,600sf with four offices, a conference room, a kitchen in the front; a warehouse, a shipping receiving area with an 8' overhead drive-in door, and an 8x12 storage area in the back. The units feature 12' ceilings, electric heat and power, 100% central air conditioning, and two restrooms. Plenty of parking, great signage, high traffic flow. Units E & F are fully tenanted, with one tenant expiring on 12/31/24 if they don't exercise their option, and the other expires on 8/1/25 unless they exercise their option. This investment currently sits at a 6% cap rate with $12,000+ cash flow. Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition.
Location
State NH
County Hillsborough
Zoning BD
Direction I-95 to NH Route 102 to Hudson, Tracy Lane on the right.
Exterior
Utilities Available Public Water, Public Sewer, 110 Volts
Roof Type Shingle
Total Parking Spaces 25
Others
Senior Community false
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Listed by Keller Williams Realty
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