5-16 Northern Blvd
$400,000
5 Northern Boulevard, Amherst, NH 03031
For Sale
              
              
              
                
                  Office
                
              
              
              
            
                  
                  Active
                
              
              
                
                  Last Updated: 10/05/2023
                
              
            8.5
Cap Rate
4,860 sqft
Building Size
Details:
                    
                      Cap Rate:    8.5%
                    
                  
                  
                
                    
                      Building Size:    4,860 sqft
                    
                  
                  
                
                    
                      Occupancy:    100%
                    
                  
                  
                Description:
            Located just off Rt 101A in Amherst near Walmart, this unique office condominium presents an interesting opportunity for an investor or an owner occupant looking for a space with an income stream. The condominium consists of 11 separate offices and a conference room on two levels overlooking a welcoming central waiting room. Currently 100% occupied, an office is supposed to become available in a couple of months. Tenants consist mainly of personal service and counselling professionals. $53,000+/- annual income, $15,000+/- annual expenses. Very solid return.
Office/Industrial condominium complex
          
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