Listed by Casey Purinton with BHHS Verani Londonderry Phone: 603-397-8246
Active
7 Church Street
Deerfield NH, 03307
$529,900
$121.29 per sqft
Active
7 Baths
4,369 sqft
Commercial
Built in 1882
The Deerfield Business Center is a 4,369 +/- SF mixed-use office and residential building located in the heart of Deerfield, NH, just off Routes 43 and 107. Originally a church and then a community center, the building now comprises 6 office units and 2 residential units. Five office units are located on the first floor, and one in the tower. The seller used one of the units as a personal office but has recently moved leaving one of the office units vacant. The second level has two renovated 1-bedroom apartments, complete with hardwood flooring, vaulted ceilings, and stone countertops. The building has five bathrooms (2 full and 3 quarter baths). The commercial tenants have shared common area space with restrooms and kitchenette. The first floor is radiant heating, while the upper floors are a combination of FHA, Mini Split, and electric baseboard heating. Gross rents currently total $57,780.00, with a net operating income (NOI) of $36,224.00. The pro forma gross income is estimated at $74,280 with the vacant unit leased. Valued on 9.9% CAP rate from proforma NOI. There is ample parking available in the paved lot, along with coin-operated laundry and the majority of the building is sprinklered.
5016231
MLSⓇ ID
September 26, 2024
Listed
November 13, 2024
Updated
Map
7 Church Street
Deerfield NH, 03307
Interior Features
Total Bathrooms
7
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Forced Air, Radiant Floor, Mini Split, Electric, Gas - LP/Bottle, Oil
Exterior/Building Features
Lot Size
0.63 Acres
Sewer
Private
Other Property Details
Area Name
NH-Rockingham
Taxes
$9,980
Tax Frequency
Annually
Days on Market
47
Garage
No
View
No
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/13/2024 | Price change | $529,900 -7% |
10/17/2024 | Price change | $569,500 -4% |
Listed by Casey Purinton with BHHS Verani Londonderry Phone: 603-397-8246
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