1 Library LnKingston, NH 03848

Property Details for 1 Library Ln

Year built

1991

Lot size

3.00 AC

Property size (Sq ft)

7,773 SF

Zone code

RRAQ R

Property type

Showrooms

APN

KNGS M:00R33 B:000021 L:000001

APU

KNGSM00R33B000021L000001

Description

This exceptional Class A office building, situated at 1 Library Lane in Kingston, NH, presents a unique opportunity for businesses seeking a highly accessible and well-equipped workspace. Boasting a generous 6,688 square feet of space spread across a three-acre lot, this property offers ample room for growth and expansion. Its strategic location just off Route 125 provides easy access to major transportation arteries including Routes 101, 95, 93, and 495, ensuring a convenient commute for employees. The building features a comprehensive array of amenities designed to enhance productivity and comfort. These include abundant parking with 87 spaces, ensuring convenient parking for staff and visitors. Inside, the property boasts state-of-the-art technology systems, multiple conference rooms perfect for meetings and presentations, a well-appointed kitchenette for employee convenience, and numerous individual offices to foster a productive work environment. Three bathrooms are strategically located throughout the building for employee use. Furthermore, the building is equipped with a whole-building standby generator, providing peace of mind and ensuring business continuity during power outages. Lessees are solely responsible for internet service costs, keeping operational expenses predictable and manageable. This property represents an excellent investment opportunity for businesses seeking a premium office space in a highly desirable location. The combination of size, amenities, and accessibility makes this a truly exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $1,889,110

  6.5%

  $1,743,794

  7%

  $1,619,238

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,559,363

  Geo Method

  $2,559,363

• Alternative Use

  Use

  Valuation

  Residential

  $1,470,956

  Hospitality

  $1,347,388

  Educational

  $1,121,010

  Medical

  $1,159,564

  Retail

  $1,743,794

Location Insight

City

Kingston

County

Rockingham

State

New Hampshire

Latitude

42.9478

Longitude

-71.0595

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

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