4 Main Street, Goffstown, NH 03045

Commercial property for lease

• Description
• Goffstown: Solid 8-Unit building! Great location: Center of town, across from Town Park, between 2 churches. 5 commercial, 3 apts. Vinyl-sided, Mansard & hip-style commercial-shingled roof. 12 car parking plus more on side street; 5 prominent commercial clients on sidewalk level and 3 apartments on 2nd floor. 3rd floor was Odd Fellows Lodge Meeting Hall for years. 50+/- year owners; long-term tenants (TAWs,but they'd like to be leased) 2 new Trio-brand boilers,w/superstore hot water, heats entire building very efficiently; rents include heat,hot water, electric. Owner will pay for new, larger water tap coming into bldg in summer, 2017, when town plans to repave sidewalks,etc. (Not on Historic Register: owner's choice). Ideal for investor, with many updates & improvements done. Sturdy beams & framework made of rare chestnut wood (which bugs hate!). Income: $82,200.: Expenses: $30,517.; NOI $51,683. (9.4% Cap rate) 80% financing avail,4-1/2%+/- int.rate; 25 yr term,w /reviews. 20.5% return on cash down. Building price details: $547,000.
• Exterior Features

• Parking Type:

  Surface

• Contact info
• Joan Blais

  Berkshire Hathaway Verani Realty - Commercial Division
• Note

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