Historic Property for Purchase on Route 1

Retail-Commercial for Sale
Catylist Listing ID: 30182476
Property Subtypes: Mixed Use
Building Size (RSF): 3,887 SF
Gross Building Area: 8,565 SF
Sale Price: $695,000
Unit Price: $178.80 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/3/2018

Overview / Comments

A 3,887 SF retail/office building with 4,000 SF of storage on .64 acres are available for purchase on Route 1.
Well known in the area for many years, the former
American Traditions building has been a staple on the Route 1 corridor between Hampton and Seabrook and is one of the anchor properties of the notable Hampton Falls Common.
This gracious 2 level building, originally built in 1900 and renovated in 1996, is characterized by its grand winding
staircase with mahogany railings, pine board floors, 2
working fireplaces with a lined chimney and large windows. A prominent sign stands at the entrance for maximum
exposure and visibility.
The warehouse building features a drive-in door and outside fenced in area.
The property offers on-site parking for convenience.

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 08094-8 94
Zoning: TCD
Retail Clientele: General, Family, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Route 1
Traffic/Vehicle Count: 22,000
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 1900
Year Renovated: 1996
Construction/Siding: Vinyl Siding
Parking Type: Surface
Heat Type: Oil
Heat Source: Central
Air Conditioning: Other
Zoning Description: TCD
Lot Frontage: 146

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 26,512 55,085
Median Age: 45.27 44.7
Households: 11,279 23,140
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.