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. Broker related to Seller.
MLS # | 4996698 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | (10) Active - Active |
Year | 1985 |
Days On Site | 413 |
Listing Provided By | Keller Williams Realty Success | Janet Faulkner |
SQ Feet | 1,600 |
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Units | 2 |
Zoning | BD |
Roof | Shingle - Asphalt |
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Utilities | Cable Available |
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Sewer | Community |
Tax Annual Amount | 2953 |
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Tax Gross Amount | 2953 |
Tax Assessed Value | 188300 |
Tax Year | 2023 |
State | NH |
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County | Hillsborough |
City | Hudson |
Zip Code | 03051 |
Area | NH Hillsborough |