Raymond, NH 03077,56-58 Main Street
Listed by Andrew Ward • Colliers International
Bought with Andrew Ward • Colliers International
$330,000
$355,000
7.0%
Est.Price: ?

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4,510 SqFt

56-58 Main Street Raymond, NH 03077

Est. payment /mo
SOLD DATE : 05/13/2016

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Chris Blauvelt

Chris Blauvelt

William Raveis Real Estate

+1(781) 475-0756

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $330,000

Property Type Commercial

Sub Type Investment,Office

Listing Status Sold

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $73

MLS Listing ID 4423714

Sold Date 05/13/16

Construction Status Existing

Year Built 1900

Annual Tax Amount $7,754

Tax Year 2014

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Investment,Office

Property Description

A well maintained office and apartment building in a downtown Main Street location, walking distance to all services including retail, restaurants, banking and Town Hall . The property consists of two adjoined buildings with a total of 4,510+/- SF of office and apartment space and a 6 space private parking lot. 56 Main Street is a two story building with 1,696+/- SF of office space on the first floor and 3 apartment units (1,392+/- SF) on the second floor. 58 Main Street is a single story building with 1,422+/- SF of finished office space comprised of office rooms which are leased individually. 100% occupied with month-to-month tenants except for the 56 Main St. office tenant which has a short term lease. The projected 2015 rental income is $49,800, the net operating expenses and utility cost (landlord pays utilities) is $27,879 which yields a cap rate of 7.9% based on list price.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning C-1

Interior

Heating Oil

Cooling Central AC

Exterior

Exterior Feature Vinyl Siding

Parking Features On-Site, Parking Spaces 1 - 10, Parking Spaces 6+

Garage Description On-Site, Parking Spaces 1 - 10, Parking Spaces 6+

Building

Water Public

Construction Status Existing

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Chris Blauvelt

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+1(781) 475-0756 | chris.blauvelt@raveis.com

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