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244-246 North Main Street, Concord, NH 03301

Commercial property for sale

Added: 02/28/2012
Last Update: 04/21/2012
244-246 North Main Street Concord, NH 03301 US
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Description

INVESTMENT and/or OFFICE BUILDING FOR SALE - Fully Leased with exception of 2535 SF on the 2nd Floor which is available for rent at $12.00 PSF - rent includes utiities. Excellent visibility on North Main Street. Many recent improvements include: the entire front of main building was repainted over the past 2 years, new roof fall 2006, the rear and sides of main building were redone with hardiboard exterior shingles, Carriage House was repainted in 2008. The majority of the tenants have been leasing for several years, some remain on a Tenant At Will basis. Vacant 2535 SF on the 2nd Floor of main building makes this property ideal for a "User - Investor" to occupy and receive income from the other tenants. When the middle floor is leased, the projected NOI is $100,637. Complete updated rent roster and income and expenses available upon the signing of a confidentiality agreement. Potential for higher income as leases renew. Three-Story Historical Office Building with elevator and Two-story detached Carriage House with 672 SF on each floor. Building is in EXCELLENT condition and shows very nicely. 3-Story Office building is Handicap Accessible. Full basement below both Main Building and detached Carriage House Real Estate Taxes are $23,183.00. Building price details: $950,000.

Property Details

  • Type: Commercial (Other)
  • Status: Available
  • Year Built: 1880
  • Buildings: 1

Exterior Features

  • Parking: Yes
  • Parking Spaces: 37
  • Parking Type: Surface

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