663 US ROUTE 4 Danbury, NH 03230 | Commercial Sale | Business, Investment, Retail

$425,000

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10220 sqft.
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Description

EXCELLENT INVESTMENT OPPORTUNITY-- Located on a major East/West route, with easy access to the Upper Valley, Lakes Region & Concord Areas this well maintained Self Storage Facility provides an excellent cash flow. The property consists of 4 buildings with 45 fully rented self storage units plus 3,100 square foot building for heated storage all on 3.32+/- acres. The heated building currently is used for winter storage of cars & motorcycles; the previous owner used it as an auction facility. Approvals in place for auction/retail use. There is a bathroom and space where a kitchen could be installed. Buildings have new roofs, metal siding and many new doors on units. Building#4 is 24X100 and was built in 2019. Owners have a waiting list for people looking for storage. Cap rate is over 11%. Assisted showings ONLY. Offering includes tradename: Danbury Storage, LLC.

Property Details

List Price $425,000 Sold Price $425,000 List Date 2021-02-05 Sold Date 2021-04-02 MLS ID 4846469 Status Closed Property Type Commercial Sale Business Type Business, Investment, Retail County NH-Merrimack Days on Market 9

structure

basement No Total Baths 0 building area total 10220.0 building area units Square Feet foundation details Slab - Concrete heating Hot Air living area 10220.0 living area source Measured living area units Square Feet Parking Features Driveway, On-Site, Parking Spaces 21+, Unpaved roof Metal stories 1 year built 1980

characteristics

current use Business w/ Real Estate, Self Storage Acres 3 lot size area 3.32 Lot SqFt 144619.0 # of Units 46

tax

tax annual amount 4132.79 tax year 2020 zoning Commercial

financial

gross income 58630.0 net operating income 48037.0 operating expense 10594.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3.5 Buyer Agency Comp. Type % Non-Rep Comp. 0 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 9:39:56 PM (UTC)