170 River RdBedford, NH 03110

  • Office properties
  • 9,104 SF
For Lease
$22.50/SF/YR View listing

Property Details for 170 River Rd

Year built
1900
Construction
FRAME
Lot size
1.89 AC
Property size (Sq ft)
9,104 SF
Zone code
PZ
Property type
Office properties
Property subtype
Office buildings
APN
BEDD M:22 B:56 L:
APU
BEDDM22B56L

Description

This exceptional Class A office building, located at 170 S River Rd, Bedford, NH 03110, offers 2,650 square feet of immediately available space in a prestigious setting. Situated on a 1.89-acre lot in Hillsborough County, this two-story, 8,143 square foot building boasts a desirable South River Road address, adjacent to The Manchester Country Club. Built in 1985, the property features a classic Williamsburg brick design, providing a sophisticated and professional image. The space is highly adaptable, suitable for various uses, including medical offices or corporate headquarters. Units range from a minimum of 1,320 square feet to a maximum contiguous space of 2,650 square feet, offering flexibility for businesses of different sizes. The property includes extensive parking to accommodate employees and clients. Its convenient location offers easy access to nearby retail, restaurants, and major roadways, making it attractive to employees from surrounding communities. The building is well-maintained and professionally managed, ensuring a seamless and efficient work environment. The zoning is Performance, and the APN is 22-56. This is a rare opportunity to secure prime office space in the heart of Bedford's commercial district. Don't miss this chance to establish your business in this highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,505,163
    6.5%
    $1,389,381
    7%
    $1,290,140
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,189,529
    Geo Method
    $1,189,529
  • Alternative Use

    Use
    Valuation
    Residential
    $1,722,833
    Hospitality
    $1,578,106
    Educational
    $1,312,965
    Medical
    $1,358,120
    Retail
    $2,042,391
170 River Rd, Bedford, New Hampshire

Location Insight

City
Bedford
County
Hillsborough
State
New Hampshire
Latitude
42.9475
Longitude
-71.4777
CBSA code
31700
CBSA name
MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,761
$646,600
$1,296,700
$1,943,300
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