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Unit 1 Technology Lane 53 Technology Ln 21,956 SF 100% Leased Office Building Conway, NH 03818 $825,000 ($37.58/SF)



Executive Summary
Unit 1 Technology Lane was built in 2006 and incorporated contemporary space with thoughtful design and ease of occupancy. It has been 100% occupied since it opened and typically has a waiting list for office space. The facility features multiple office suites for both small and medium size companies and has acted as an incubator for start ups. There are multiple offices, three meeting spaces, a kitchenette and two full bathrooms with showers. Parking is more than adequate and the private road is directly off Route 16. The signage on Route 16 is very visible and there is further signage available inside the Technology Village. This unit is part of a condominium with Unit 2 and shares about 3600 square feet of common space as well as the exterior grounds and lots. Use of the space could be perfect for a small growing company looking for square footage with the ability to earn some income on the other rents to offset or cover expenses.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
21,956 SF
Building Class
B
Year Built
2006
Price
$825,000
Price Per SF
$37.58
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
21,956 SF
Building FAR
0.14
Lot Size
3.58 AC
Opportunity Zone
Yes
Zoning
HC
Amenities
- Wheelchair Accessible
- Central Heating
- Common Parts WC Facilities
- Demised WC facilities
- High Ceilings
- Open-Plan
- Secure Storage
- Shower Facilities
- Wi-Fi
- Air Conditioning
- Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | CNWY-000262-000086-000001 | Improvements Assessment | $846,600 |
| Land Assessment | $268,700 | Total Assessment | $1,115,300 |
Property Taxes
Parcel Number
CNWY-000262-000086-000001
Land Assessment
$268,700
Improvements Assessment
$846,600
Total Assessment
$1,115,300
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Unit 1 Technology Lane | 53 Technology Ln
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