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Commercial Properties for Sale 4 Western Ave

1,865 SF 100% Leased Retail Building Henniker, NH 03242 $1,125,000 ($603/SF) 7.38% Cap Rate

Executive Summary

Two income properties to be sold together, 4 Western Ave and 13 Maple St. Western Ave has Citizens Bank leasing the entire property. Maple St abuts the bank and is a fully leased duplex. One is a 3 bed, 1 bath townhouse unit and the other is a 2 bed, 1 bath on the first floor. The price for the two properties combined is $1,125,000.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Building Size
1,865 SF
Year Built
1975
Price
$1,125,000
Price Per SF
$603
Cap Rate
7.38%
NOI
$83,064
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.51 AC
Zoning
Commercial - The properties are in a commercial zone and include retail, office, hospitality and multifamily among the existing uses.
Frontage
100 FT on Western Ave

Amenities

  • Corner Lot
  • Signage
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HENN-000002-000000-000209
Land Assessment
$140,300 (2023)
Improvements Assessment
$347,000 (2023)
Total Assessment
$487,300 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 33855175

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 4 Western Ave, Henniker, NH 03242

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