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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