164 Main St | Andover, NH 03216
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164 Main St
Andover, NH 03216
Specialty Property For Sale
·
6,030 SF
INVESTMENT HIGHLIGHTS
- Unique investment opportunity.
- Steady financials.
- Two fully occupied buildings.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 6,030 SF |
| Property Subtype | Post Office | No. Stories | 2 |
| Building Class | C | Year Built | 2002 |
| Lot Size | 1.53 AC | ||
| Zoning | V V | ||
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 1.53 AC |
| Building Size | 6,030 SF |
| No. Stories | 2 |
| Year Built | 2002 |
| Zoning | V V |
ABOUT 164 MAIN ST , ANDOVER, NH 03216
Two buildings on this property: 1. Main Post office, which was a build to suit for the USPS in 2002 and a lease running through 2022. 2. A mixed use facility with residential over office. The Owner runs his business out of this building and is interested in signing an 18-24 months absolute NNN lease at close of escrow. The Cap rate that is advertised is based off of the rental option the USPS has come 2022. Over the next 4 years the annual income would be $16,000...higher!
PROPERTY TAXES
| Parcel Number | ANDV-000019-000628-000252 | Improvements Assessment | $777,100 |
| Land Assessment | $171,200 | Total Assessment | $948,300 |
PROPERTY TAXES
Parcel Number
ANDV-000019-000628-000252
Land Assessment
$171,200
Improvements Assessment
$777,100
Total Assessment
$948,300
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