604-608 DANIEL WEBSTER HIGHWAY Merrimack, NH 03054 | Commercial Sale | Business, Investment, Office, Other

$1,040,000

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5.86 acres
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NAI Norwood Group

Description

Thornton Place is a three-building mixed use investment or owner occupied opportunity. Located near heavily traveled Everett Turnpike in Merrimack New Hampshire, this project boasts 14,480 square feet of total building. The property has frontage along Daniel Webster Highway with nearby retail. It also affords ample parking for many future uses. Present owner has invested into the property as it awaits a new owner investor or owner occupant. The target acquisition price is well below replacement costs and affords a new owner both existing income as well as upside potential. Value add for investors is leasing the balance of the vacant space, or for an owner occupant to fill in the presently vacant space and collect income from the existing tenants.

Property Details

List Price $1,225,000 Sold Price $1,040,000 List Date 2021-12-14 Sold Date 2022-07-18 MLS ID 4893262 Status Closed Property Type Commercial Sale Business Type Business, Investment, Office, Other County NH-Hillsborough Days on Market 209

structure

basement No Total Baths 0 building area units Square Feet building name Thornton Place living area units Square Feet year built 1890

characteristics

Acres 5 lot size area 5.86 Lot SqFt 255262.0 # of Units 3

tax

tax annual amount 24258.0 tax year 2020 zoning Commercial

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2 Buyer Agency Comp. Type % Non-Rep Comp. 2 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 3/19/2024 12:34:08 AM (UTC)