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Retail Plaza plus Free-standing Building 221-223 N Broadway 6,400 SF 100% Leased Retail Building Salem, NH 03079 $3,150,000 ($492.19/SF)
Investment Highlights
- Excellent location with frontage on Route 28
- Property is located in the heart of Salem-NH Business District
Executive Summary
6,400+/- sq. ft. Retail Plaza plus 3,988+/- sq. ft. (gross area) Free-standing Building.
**Retail plaza is fully leased w/ excellent service type tenants including hair salon, nail salon, etc.
**Also includes free-standing building lease w/ two (2) tenants. This building is 3,988+/- sq. ft. with finished space on the first floor -- 1,330+/- SF & 840+/- SF on the upper story includes 840+/- SF unfinished attic plus 864 +/- SF unfinished basement
** Land size: 1.5+/- acres and/or 65, 340+/- sq. ft. with frontage on Route 28
**Retail plaza is fully leased w/ excellent service type tenants including hair salon, nail salon, etc.
**Also includes free-standing building lease w/ two (2) tenants. This building is 3,988+/- sq. ft. with finished space on the first floor -- 1,330+/- SF & 840+/- SF on the upper story includes 840+/- SF unfinished attic plus 864 +/- SF unfinished basement
** Land size: 1.5+/- acres and/or 65, 340+/- sq. ft. with frontage on Route 28
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,400 SF
Building Class
B
Year Built
2016
Price
$3,150,000
Price Per SF
$492.19
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.50 AC
Zoning
COMM - Zoned Commercial "CIB" -- permitted uses include general retail stores, restaurants, personal service, professional & business offices, medical office
Parking
57 Spaces (8.91 Spaces per 1,000 SF Leased)
Frontage
350’ on N Broadway
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | SLEM-000081-003127 | Improvements Assessment | $942,400 |
| Land Assessment | $569,300 | Total Assessment | $1,511,700 |
Property Taxes
Parcel Number
SLEM-000081-003127
Land Assessment
$569,300
Improvements Assessment
$942,400
Total Assessment
$1,511,700
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Retail Plaza plus Free-standing Building | 221-223 N Broadway
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