59 Stiles RdSalem, NH 03079

Property Details for 59 Stiles Rd

Year built

1984

Construction

FRAME

Lot size

0.21 AC

Property size (Sq ft)

2,626 SF

Zone code

CIB

Property type

Office properties

Property subtype

Other office properties

APN

SLEM M:105 B:10009 L:608

APU

SLEMM105B10009L608

Description

This exceptional office suite, located at 59 Stiles Road, Unit 104 in Salem, New Hampshire, presents a fantastic opportunity for businesses seeking a convenient and cost-effective workspace. Priced at $1276, this gross modified rent includes water, sewer, and taxes, simplifying your accounting and eliminating the complexities of managing multiple vendor payments. The suite boasts a welcoming reception area leading to two generously sized offices, each featuring large windows, some recently replaced, ensuring abundant natural light. A private bathroom adds to the convenience and privacy. Situated on the first floor for easy accessibility, this office space is part of a well-maintained building featuring a newer roof. The property's location on Stiles Road offers unparalleled access to major transportation routes, providing a quick and easy commute via highway access and proximity to various amenities. Salem's thriving economic growth presents significant potential for businesses establishing themselves in this dynamic area. This remarkable opportunity becomes available August 1st. Don't miss out on this chance to secure a prime office space in a booming market.

• CAP approach

  CAP return

  Valuation

  6%

  $434,156

  6.5%

  $400,760

  7%

  $372,134

• Comparable approach

  Method

  Valuation

  Relative Method

  $343,113

  Geo Method

  $343,113

• Alternative Use

  Use

  Valuation

  Residential

  $496,942

  Hospitality

  $455,196

  Educational

  $378,718

  Medical

  $391,742

  Retail

  $589,117

Location Insight

City

Salem

County

Rockingham

State

New Hampshire

Latitude

42.7713

Longitude

-71.2492

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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