$ 225,000
11 Tracy Lane #E & F Hudson, NH 03051
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$ 225,000
Est. payment | /mo
1,600 SqFt
$ 225,000
Est. payment | /mo
1,600 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $140
MLS Listing ID 73241054
HOA Fees $680
HOA Y/N true
Year Built 1985
Annual Tax Amount $2,953
Tax Year 2023
Lot Size 1.500 Acres
Acres 1.5
Property Description
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.
Location
State NH
County Hillsborough
Zoning BD
Direction I-95 to NH Route 102 to Hudson, Tracy Lane on the right.
Exterior
Utilities Available Public Water, Public Sewer, 110 Volts
Waterfront false
Roof Type Shingle
Total Parking Spaces 25
Others
Senior Community false
Listed by Keller Williams Realty
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