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10 Twin Bridge Road 10 Twin Bridge Rd

5,392 SF Vacant Office Building Merrimack, NH 03054 £473,361 (£88/SF) 11.42% Net Initial Yield

Executive Summary

Three commercial condos for sale (must be sold together). 3 legal condos in stand-alone building. Purchase for business use, investment or combination. Can even purchase all 3 & then lease or sell one or more separately at a later time for additional income or profit. Units in excellent location just off of Rte 3. Condo 1A & 1B are 2,219 each & Condo 1C is 954 +/- SF. 5,392 -/+ SF in total. 1A is located on upper level w/numerous private offices, 2 restrooms, kitchen area, & utility area(s). 1A available for immediate occupancy by buyer or tenant. Unit 1B located on middle level w/direct ground floor access to parking area & is leased to longer term tenant. 1B is an open concept w/2 private bathrooms & kitchen area. 1C is on 1st level also w/direct access to ground level & has open areas & private offices plus private bathroom & kitchen area. 1B leased to tenant on shorter term (Willing to sign longer, thoguh). Plenty of parking/signage on street. Low condo fees. $685,00 for all 3 condos. Do not contact tenants

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
5,392 SF
Building Class
B
Year Built
1998
Price
£473,361
Price Per SF
£88
Net Initial Yield
11.42%
NOI
£54,046
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
2,219 SF
Slab to Slab
10 ft
Building FAR
0.08
Land Acres
1.47 AC
Zoning
PRD Overlay
Parking
20 Spaces (3.71 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Central Heating
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 1C
  • 954 SF
  • Office
  • Full Build-Out
  • Now

1C is on first level, is 954 +/- SF and with direct access to ground level. Space has open areas & private offices plus private bathroom and kitchen area. Plenty of parking and signage on street sign. Public water and sewer. Unit 1C is available for lease, but entire building with three units can also be purchased for $685,000. Low condo fees and low NNN amounts.

  • 2nd Fl-Ste 1A
  • 2,219 SF
  • Office/Medical
  • -
  • Now

Unit 1A, 2,219 +/- SF, is located on upper level w/numerous private offices, two restrooms, kitchen area, and utility area(s). Priced at $7 NNN

Space Size Space Use Condition Available
1st Fl-Ste 1C 954 SF Office Full Build-Out Now
2nd Fl-Ste 1A 2,219 SF Office/Medical - Now

1st Fl-Ste 1C

Size
954 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 1A

Size
2,219 SF
Space Use
Office/Medical
Condition
-
Available
Now

1st Fl-Ste 1C

Size 954 SF
Space Use Office
Condition Full Build-Out
Available Now

1C is on first level, is 954 +/- SF and with direct access to ground level. Space has open areas & private offices plus private bathroom and kitchen area. Plenty of parking and signage on street sign. Public water and sewer. Unit 1C is available for lease, but entire building with three units can also be purchased for $685,000. Low condo fees and low NNN amounts.

2nd Fl-Ste 1A

Size 2,219 SF
Space Use Office/Medical
Condition -
Available Now

Unit 1A, 2,219 +/- SF, is located on upper level w/numerous private offices, two restrooms, kitchen area, and utility area(s). Priced at $7 NNN

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MRMK-000503D-000115-000002D
Land Assessment
£0
Improvements Assessment
£220,018
Total Assessment
£220,018
  • Listing ID: 31761057

  • Date on Market: 10/05/2024

  • Last Updated:

  • Address: 10 Twin Bridge Rd, Merrimack, NH 03054

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