48 Concord Road, LEE, NH 03861
$255,376+/Acre
Commercial property for sale
Added: 07/06/2011
Last Update: 07/02/2012
48 Concord Road
LEE, NH
03861 US
Contact info
- 603-668-7000 x220 [Office]
Description
One of the most strategic retail sites in the NH Seacoast Region. Land that contains Mobil On the Run(gas/convenience with car wash) facility and excess developable land located on both Rt. 125 and Rt. 4. High Visibility and high volume operation with additional pad site. Asking Sale Price: $1.9 M - full property. Current income: +/- $80,000/yr on Mobil portion until 2016. Deal structure: $1 Million at closing (initial 8% yield ) Payment balance: Seller financed $900,000 mortgage note accruing at 6% per year for 6 years. Balloon payment 2016. Building price details: $1,900,000.
Property Details
- Type: Land
- Use Types:Retail-Commercial, Business Opportunity
- Status: Available
- Lot Size: 7.440 Acres
- MSA: Boston-Cambridge-Quincy
- Zoning: Commercial
Terms
- Other