28B Main St - Industrial FOR SALE


Raymond, NH 03077
$225,000 USD
603-682-3440
28B Main St, Raymond, NH for Sale
$225,000 USD
Industrial - FOR SALE
1/7
null | Request Cap Rate

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28B Main St
Raymond, NH 03077


HIGHLIGHTS

  • Prominent Main Street frontage, visible to both pedestrian and vehicular traffic.
  • Features the iconic two-story barn, a six-bay garage, and former horse stalls.
  • Conveniently located less than 1.5 miles from NH Route 101.

OVERVIEW

Historic Property on 7.71± Acres Own one of Raymond's most recognizable historic properties. Situated on 7.71± acres in the heart of downtown, the Ai S. Welch Barn offers a unique opportunity for investors, equestrian users, entrepreneurs, or buyers seeking a one-of-a-kind property with character and future potential. The property features the iconic two-story barn, a six-bay garage, and former horse stalls, creating a versatile setting with a variety of potential uses, subject to local approvals. The six-bay garage is currently leased to a tenant-at-will generating $1,450 per month in rental income. The current owner is willing to lease back the horse facilities or continue boarding her horses on the property, providing potential additional income for the new owner. Recent improvements include a new roof (2022) and upgraded three-phase electrical service. Conveniently located less than 1.5 miles from NH Route 101, the property offers easy access to Manchester, the Seacoast, and I-95 while maintaining the charm and visibility of a downtown Raymond location. The property is being sold as is and is subject to a testing request by the New Hampshire Department of Environmental Services (NHDES) under Env-Or 600. Buyers are encouraged to conduct their own due diligence and consult with qualified professionals regarding the property's physical condition, environmental matters, zoning, and intended use prior to closing. Proof of funds is required prior to scheduling a showing."

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.71

LAND SF

335,848

ZONING

Industrial

APN/PARCEL ID

RAYM-002801-000000-000042

ASK ABOUT THIS PROPERTY

Deana ArdenNAI Norwood GroupMore Info
603-682-3440

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Deana ArdenNAI Norwood GroupMore Info
603-682-3440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.