266 E. MAIN STREET Hampstead, NH 03826 | Commercial Sale | Development, Multi-Family, Office, Other

$628,000

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3.55 acres
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Listing Courtesy of
The Valentine Group

Description

This former Daycare facility is located on 3.5 +/- acres. The property includes the 2,500 +/- sf fully licensed and approved childcare facility, a fully leased 2-family home and an unheated barn. Re-open childcare facility or re-purpose/re-develop as a small school, adult care center, retail use, service establishment, restaurant or professional/contractor office. Split zone of C-1 front and Resi-A in the rear affords possibility of adding a duplex. BUYER TO PERFORM OWN DUE DILIGENCE RE: RE-DEVELOPMENT. The buildings are in good to very good condition (the barn has no power or water). The site is serviced by town water; the daycare building is wet sprinklered and serviced by a fire alarm system. There is an oversized septic system, and the soils are well draining. Only the childcare building is air-conditioned. The site is located on Route 121A, about a hundred yards east of the intersection with Route 111 and across from Dunkin Donuts and other retailers. The property is priced to sell. The pricing accounts for the age/condition of the buildings and of all supporting MEP/Other systems. Owner will not consider an offer with a lengthy site-approval process at the ask price. The childcare facility furniture fixtures and equipment has been priced at $1.00 and available to the Buyer for the price of $1.00 under a separate bill of sale.

Property Details

List Price $649,900 Sold Price $628,000 List Date 2021-06-29 Sold Date 2021-10-18 MLS ID 4874923 Status Closed Property Type Commercial Sale Business Type Development, Multi-Family, Office, Other County NH-Rockingham Days on Market 48

structure

basement Yes Total Baths 0 building area units Square Feet Features Exterior Business Type Development, Multi-Family, Office, Other foundation details Concrete, Fieldstone heating Baseboard, Forced Air living area units Square Feet Parking Features On-Site roof Shingle stories 2

characteristics

Acres 3 lot size area 3.55 Lot SqFt 154638.0 # of Units 3 view y n No waterfront features No waterfront y n No

tax

tax annual amount 9642.0 tax year 2020 zoning Com-Res

financial

gross income 18300.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2 Buyer Agency Comp. Type % Non-Rep Comp. 0 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 11:38:33 PM (UTC)