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: $825,000
Unit Price: $212.25 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/30/2017

Overview / Comments

A 3,887 SF retail/office building and a 4,678 SF warehouse 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.

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

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 26,512 55,085
Median Age: 45.27 44.7
Households: 11,279 23,140
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