 603-643-3942
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Price Change! reduced by $20,000 on October 17th 2024 $569,500 | $130 per sq.ft. Commercial Property, 7 Church Street Deerfield NH | Space type MLS# 5016231 |
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| DESCRIPTION
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The Deerfield Business Center is a 4,369 +/- SF mixed-use office and residential building located in the heart of Deerfield, NH, just off Routes 43 and 107. Originally a church and then a community center, the building now comprises 5 office units and 2 residential units. Four office units are located on the first floor, and one in the tower. The seller used one of the units as a personal office but has recently moved leaving one of the office units vacant. The second level has two renovated 1-bedroom apartments, complete with hardwood flooring, vaulted ceilings, and stone countertops. The building has five bathrooms (2 full and 3 quarter baths). The commercial tenants have shared common area space with restrooms and kitchenette. The first floor is radiant heating, while the upper floors are a combination of FHA, Mini Split, and electric baseboard heating. Gross rents currently total $57,780.00, with a net operating income (NOI) of $36,224.00. The pro forma gross income is estimated at $74,280 with the vacant unit leased. Valued on 9.3% CAP rate from proforma NOI. There is ample parking available in the paved lot, along with coin-operated laundry and the majority of the building is sprinklered.
Building Type : Multi-Family | Office Sale Includes : Land/Building Signage-| Adequate Price per SQFT | 130.35 Net Income| 36224 Gross Income| 57780 Management Expense-| $0 Insurance Expense -| $0 | |||
| FEATURES AND DETAILS
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| Price Per SQ.FT. 130.35 | Year Built: 1882 No. of Units-| 7 Building Size | 4369 Basement: Bulkhead |
Building Type: Multi-Family | Office Sprinkler | Wet. Road Frontage: 190 Heating: Baseboard | Forced Air | Radiant Floor | Mini Split Electric: Circuit Breaker(s) Utilities: Cable | Gas - LP/Bottle No. of Docks | 0. No. of Drive Doors | 4369. |
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| LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.63 acres Zoned: AR AGR/RES Road Frontage: 190 |
Taxes $9,980 | Assesed Value $0 in | ||
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15 Buck Rd. Hanover, NH 03755 603-643-3942 Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College |
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Data last updated November 1st, 2024 |
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