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166 Plaistow Rd - Plaistow Commons Offices 4,640 SF Medical Condo Unit Offered at $900,000 in Plaistow, NH 03865
Investment Highlights
- 4,640 SF of Medical Office Condos
- Dental Practice Outfit
- 100% occupied by long-term single tenant
- Built in 1980, renovated in 2017
- Highway & Transit Connectivity: Interstate 495 Access
Executive Summary
Situated on Route 125, a primary regional roadway carrying substantial daily vehicular traffic connecting interior southern New Hampshire directly to Northern Massachusetts. Located less than 3 miles north of the Massachusetts state line, the property benefits heavily from New Hampshire’s tax-free shopping and business environment. This tax structure acts as a major consumer and client magnet for neighboring Massachusetts communities including Haverhill, Methuen, and Lawrence. Positioned just 2.8 miles north of I-495 (Exit 51), providing seamless commuting access to Interstate 93, Route 101, and the greater Boston loop. Conveniently located within a 10–15 minute drive of downtown Haverhill (MBTA Commuter Rail access), Salem, NH, and Atkinson, NH.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
Description
This listing features two medical office-condos totaling 4,640 +/- with a prime location in Plaistow.
Sale Notes
This property presents a great investment opportunity with potential for premium returns. Attractive to 1031 participants and investors seeking consistent, hands-off income returns. This listing features two medical office-condos totaling 4,640 +/- with a prime location in Plaistow. Built in 1980 and thoughtfully renovated in 2017, it offers modern amenities suitable for a variety of professional uses. Zoned C-3, this property ensures versatility and potential for the discerning investor. With 100% single-tenant occupancy, this investment promises immediate returns. The added advantage of highway and transit connectivity, including Interstate 495 access, further enhances the appeal of this property. Don't miss the chance to acquire a prestigious and fully occupied medical office condo space in a thriving area.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1&2 | 4,640 SF | Medical | $900,000 ($193.97/SF) | $63,000 |
Unit 1&2
| Unit Size |
| 4,640 SF |
| Condo Use |
| Medical |
| Price |
| $900,000 ($193.97/SF) |
| NOI |
| $63,000 |
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Unit 1&2
| Unit Size | 4,640 SF |
| Condo Use | Medical |
| Price | $900,000 ($193.97/SF) |
| NOI | $63,000 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| Description | |
| This listing features two medical office-condos totaling 4,640 +/- with a prime location in Plaistow.</li></ul> | |
| Sale Notes | |
| This property presents a great investment opportunity with potential for premium returns. Attractive to 1031 participants and investors seeking consistent, hands-off income returns. This listing features two medical office-condos totaling 4,640 +/- with a prime location in Plaistow. Built in 1980 and thoughtfully renovated in 2017, it offers modern amenities suitable for a variety of professional uses. Zoned C-3, this property ensures versatility and potential for the discerning investor. With 100% single-tenant occupancy, this investment promises immediate returns. The added advantage of highway and transit connectivity, including Interstate 495 access, further enhances the appeal of this property. Don't miss the chance to acquire a prestigious and fully occupied medical office condo space in a thriving area.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 16,272 SF | Typical Floor Size | 5,424 SF |
| Property Type | Office (Condo) | Year Built | 1993 |
| Property Subtype | Medical | Lot Size | 2.00 AC |
| Building Class | B | Parking Ratio | 4.17/1,000 SF |
| Floors | 3 | ||
| Zoning | C-1 - The Property is Zoned C-1 which allows most commercial uses | ||
| Total Building Size | 16,272 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 5,424 SF |
| Year Built | 1993 |
| Lot Size | 2.00 AC |
| Parking Ratio | 4.17/1,000 SF |
| Zoning | C-1 - The Property is Zoned C-1 which allows most commercial uses |
Amenities
- 24 Hour Access
- Kitchen
- Reception
- Drop Ceiling
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
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