250 Marlboro StKeene, NH 03431

  • Commercial real estate
  • 12,740 SF
For Sale
$1,680,000 View listing

Property Details for 250 Marlboro St

Year built
1952
Construction
FRAME
Lot size
1.43 AC
Property size (Sq ft)
12,740 SF
Zone code
BGR
Property type
Commercial real estate
APN
KEEN M:589 L:18
APU
KEENM589L18

Description

This exceptional investment opportunity presents a fully leased, 12,740-square-foot office building situated on a 1.43-acre corner lot at 250 Marlboro Street in Keene, New Hampshire. The property, built in 1952 and extensively renovated in 2016, boasts five units within a single-story structure, currently operating under a triple-net (NNN) lease arrangement. Located in Keene's vibrant Business Growth and Re-Use district, this Class B building enjoys excellent visibility and frontage on Marlboro Street, offering convenient access to downtown Keene. The property's versatile layout, encompassing approximately 1870 square feet of mixed office and open space, is suitable for a variety of uses, including retail, professional offices, salons, hospitality businesses, personal training studios, and more. Ample on-site parking caters to tenants and patrons. Its prime location offers proximity to walking trails, shopping, and restaurants, enhancing its appeal and potential for strong tenant occupancy. Detailed financial information is available upon request and execution of a non-disclosure agreement. The permitted zoning is BGR. The asking price is $1,680,000, translating to $131.87 per square foot.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,659,172
    Hospitality
    $2,435,787
    Educational
    $2,026,546
    Medical
    $2,096,242
    Retail
    $3,152,405
250 Marlboro St, Keene, New Hampshire

Location Insight

City
Keene
County
Cheshire
State
New Hampshire
Latitude
42.9261
Longitude
-72.2689
CBSA code
28300
CBSA name
KEENE, NH MICROPOLITAN 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
$26,925
$192,200
$652,100
$844,300
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