7 Broadway, Concord, NH 03301
Commercial property for sale
7 Broadway, Concord, NH 03301
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- Description
- This multi-use property offers four unique revenue streams to the investor; the first two are derived from residential units on the second floor, and the second two from commercial operations on the first floor. The first residential unit is one-bedroom, 884 sft, currently leased at $900 per month. The second unit is two bedroom 1,100 sft, currently leased at $1000 per month. Downstairs there are two commercial revenue stream generators - a 2,000 sft retail storefront and a long-time (>20 yrs) ice cream shop (around 350 sft). The retail space will generate $1800 - $2058 per month (lease rate $10.50 - $12.00 NNN) and the Ice Cream shop has historically generated over $50K in free cash flow on an annualized basis. Full financials available upon nondisclosure agreement (NDA) execution. Building price details: $575,000.
- Property Details
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Building Name: Ballard's Ice Cream Property Type: Multifamily Use Types: Mixed Use Status: Available Price: $ 143,750 +/Unit Number of Stories: 2 Year Built: 1920 Year Renovated: 2007 MSA: Concord Zoning: CN - Neighborhood Commercial Buildings: 1 Terms: Cash to Seller Added: 08/10/2012 Last Update: 01/10/2013 - Exterior Features
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Parking: Yes Parking Spaces: 16 Parking Type: Surface - Contact info
- 603-537-1711 [Office]
- Note
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