247 Sullivan StreetClaremont, NH 03743MLS Number 4760702

  • Price: $695,000
  • 60 Days on Market
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Federal 30-year interest rate: 3.55% last updated on Aug 22, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 10.35Acreage
  • 1900Year Built
  • 175,000Square Feet

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Listed by Derek Eisenberg of Continental Real Estate Group, Inc.

175,000 sqft. Industrial building on 10+ acres less than 5mi to Rte. 91 & VT border and 25 min to 89/91 corridor. $24,000+/mo rental income. Cap Rate is an impressive >14% & noi> $100K. Includes new, electrical service (400 amps 480 volts), new T8 lighting, & partial (50,000 sq. Ft.) new rubber roof. Large yard for trucks. 10 docks & 6 drive in doors. Wet sprinkler. New Buderus 768,000 btu boiler. Zone I2. Wet sprinkler (serviced and inspected). 2009 Buderus 768,000 btu Boiler supplied by above ground tank. Clean Phase II recently completed. Zoned I2 (industrial for many possible uses). Includes deeded water rights. Ceiling height: 15'X 20,000 sq. Ft. 12' X 154,000 sq. Ft. 7' X 1,000 sq. Ft. Includes 2 outbuildings (total of 5000 sq. Ft.) Operate your business with no building costs. Tenants occupy 125,000+/- sq. Ft. W/monthly gross income of $24,000+ covering all expenses including taxes, maintenance, utilities and generating profit) or renovate and lease the remaining 50,000+ sq. Ft. Available space for even greater income potential! 2018 Cap Rate > 14% based on actual 2018 noi of $95,821 and 20% Cap Rate based on projected noi for 2018 of $100,764.

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More Info

Basic Information

  • StatusACT
  • Modification Date06/24/2019
  • TypeIndustrial, Other
  • List Price$695,000
  • Broker NameContinental Real Estate Group, Inc.
  • Listing Agent NameDerek Eisenberg
  • Lister Office NameContinental Real Estate Group, Inc.
  • MLS Number4760702

Utilities

  • FuelGas - LP/Bottle, Oil
  • Heating CoolingForced Air, Hot Water

Location

  • Building Number247
  • StreetSullivan
  • TownClaremont
  • StateNH
  • Zip03743
  • CountySullivan
  • Map119

Property

  • Acreage10.35
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft450,846

Building

  • Year Built1900
  • ConstructionMasonry, Metal
  • Drive/Doors5
  • FoundationPoured Concrete
  • Square Feet175,000
  • Available Sqft115,000
  • BasementPartial

Exterior

  • ExteriorBlock, Brick, Concrete, Metal
  • RoofMetal, Tar and Gravel, Wood

Water Body

  • Docks10

Other

  • View Count7
LindeMac Real Estate
LindeMac Real Estate
Office: 603-643-4900
44 South Main Street
P.O. Box 5244
Hanover, NH 03777

Claremont, NH Schools

School NameDistanceTypeGrades

Claremont, NH Real Estate Market Data

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Claremont, NH Demographics

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Broker Reciprocity

Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 23, 2019.

 

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