logo  13018670
Claremont Office:
(603) 542-5188
(800) 542-5188
26 Tremont Street
Claremont, NH 03743

Ascutney Office:
(802) 674-6311
P.O. Box 280 Rte 5
Ascutney, VT 05030

Price Change! reduced by $350,000 down 23% on July 26th 2019
$1,550,000 | $31 per sq.ft. Commercial Property, 16-34 Opera House Square Claremont NH | Space type The moody building subdivision,    MLS# 4730848 Listed by David Gambaccini SVN / Real Estate Solutions


DESCRIPTION

10.21% CAP, $158,311 NOI Known as "The Moody Building", this historic landmark building has been the anchor for retail and office space at the Opera House Square, Downtown Claremont, NH for decades. Overlooking the Sugar River, a tributary from the Connecticut River, this was originally built as a hotel in 1900 and still has a lot of the original architecture and charm. Many prominent dignitaries stayed at this building when it was a hotel, most famously, President John F Kennedy. This property has been extremely well maintained, no expenses spared on Capital Improvements including a 3 yr old, rubber-membrane, insulated roof, entire building sprinkler system, updated efficient heating systems, electrical systems and more. This property is virtually maintenance free, and the on-site manager has been with the property since 1972. There is a waiting list for the 1st floor retail. Street Retail NNN leases, Modified Gross Office leases. The City of Claremont has been and continues to invest Hundreds of Thousands of dollars in a current City wide revitalization program.
Building Type : Investment | Office | Retail

Sale Includes : Building
Price per SQFT | 31.45 Net Income| 158311
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

| Price Per SQ.FT. 31.45 | Year Built: 1900
Eevators 1
No. of Units-| 49
Building Size | 49281
Available SQFT | 49281
Basement: Finished
Building Type: Investment | Office | Retail
Sprinkler | Dry.
Exterior: Brick
Roof: Membrane
Garage And Parking: Parking Spaces 6+
Utilities: Cable | Cable - At Site | Cable - Available | DSL | DSL - Available | Fiber Optic Internt Avail | Gas - At Street | Gas - LP/Bottle | Gas - On-Site | Gas - Underground | High Speed Intrnt -AtSite | High Speed Intrnt -Avail | Internet - Cable | Internet - Dial-up | Internet - Fiber Optic | Internet - Fixed Wireless | Multi Phone Lines | None | Satellite | Satellite Internet | T1 Available | Telephone At Site | Telephone Available | Underground Utilities | Other
No. of Docks | 0.
No. of Drive Doors | 49281.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 0.56 acres
Zoned: Mixed-Use
Taxes $26,702  | Assesed Value $0 in
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