27-35 Pleasant St - Office FOR SALE


Claremont, NH 03743
$850,000 USD
603-566-7305
27-35 Pleasant St, Claremont, NH for Sale
$850,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

27-35 Pleasant St
Claremont, NH 03743


HIGHLIGHTS

  • Value Add Opportunity with Possible Seller Financing!
  • Low Vacancy ADA Compliant Office Building on Pleasant Street in Downtown Claremont.

OVERVIEW

Value Add Opportunity with Possible Seller Financing! Low Vacancy ADA Compliant Office Building on Pleasant Street in Downtown Claremont. The 3rd floor is ready for re-development. Over 7,000 square feet -complete with the original Odd Fellows Hall and lots of original architectural features. Elevator access and accessible bathrooms have already been installed. Sprinkler system is stumped up to the 3rd floor. Opportunities abound for re-development possibilities - apartments? office? commercial? Bring your ideas! During the planning, you'll be collecting rents from the first and second floor tenants and get bonus rent by renting the 2nd Floor Event Hall (approved and permitted for meetings of up to 124 persons) and parking! This parcel has one of the only remaining private parking lots in the downtown. Spaces are leased to adjacent tenants on a month to month basis. Could be the lynchpin for future redevelopment at any adjacent property as your parking needs would be covered. City has provided Seller with a former proposal for a parking garage in the upper lot. The possibilities are endless. Get started easily with property management already on site. Most major repairs have been completed including a new rubber roof on the lower portion of the 3rd floor; new boiler servicing the common areas, and more. Schedule your tour today!

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1906

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

MU

APN/PARCEL ID

CLMN-000120-000000-000073

ASK ABOUT THIS PROPERTY

Nicole CanavanRune Stone RealtyMore Info
603-566-7305

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Nicole CanavanRune Stone RealtyMore Info
603-566-7305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.