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One Mill Plaza, 1 Mill Plz 13,500 SF 66% Leased Office Building Laconia, NH 03246 $2,200,000 ($162.96/SF) 7.95% Cap Rate
Executive Summary
Historic Mill building for sale. , in excellent condition. Approximately 15500 of total space. presently 75% occupied. Long term tenants, plenty of free municipal parking, easy administration.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
13,500 SF
Building Class
B
Year Built
1853
Price
$2,200,000
Price Per SF
$162.96
Cap Rate
7.95%
NOI
$175,000
Percent Leased
66%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,375 SF
Building FAR
1.24
Lot Size
0.25 AC
Zoning
UC - Urban commercial
Parking
5 Spaces (0.37 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
BRIGHT SPACE 2 offices, large open space, conference room, ground floor cafeteria/ community room. all utilities are included. free municipal parking
river front, next to city hall, free municipal parking, cafeteria, additional conference rooms are available, direct elevator access, walking distance to downtown.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 1,500 SF | Office | Full Build-Out | Now |
| 4th Floor | 3,100 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 1,500 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 3,100 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size | 1,500 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
BRIGHT SPACE 2 offices, large open space, conference room, ground floor cafeteria/ community room. all utilities are included. free municipal parking
4th Floor
| Size | 3,100 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
river front, next to city hall, free municipal parking, cafeteria, additional conference rooms are available, direct elevator access, walking distance to downtown.
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Fairly walkable
50/100
Moderately drivable
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | LACO-000432-000161-000036 | Improvements Assessment | $1,266,200 |
| Land Assessment | $92,100 | Total Assessment | $1,358,300 |
Property Taxes
Parcel Number
LACO-000432-000161-000036
Land Assessment
$92,100
Improvements Assessment
$1,266,200
Total Assessment
$1,358,300
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