11 Tracy Ln Hudson, NH 03051
- Retail properties
- 1,600 SF
- 1.50 lot acres
Current Use by Public Records
- Merrimack Valley Working Dog Club / Club
- Stuff For Sale / General Store
- Paw-Fection / Pet Groomer
- amy spring realty / Real Estate Agent
- Martin's 19th Hole / Golf Club
Property Details for 11 Tracy Ln
- Year built
- 1985
- Lot size
- 1.50 lot acres
- Property size
- 1,600 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional value-add investment opportunity presents two contiguous retail or office condos totaling 1,600 square feet, ideally situated just off Route 102 in Hudson, New Hampshire. Located in Hillsborough County, at 11 Tracy Ln, zip code 03051, this property benefits from high visibility and significant traffic flow between Hudson/Nashua and Londonderry/Derry/Interstate 93. The property features two units (E & F) currently fully tenanted, offering immediate cash flow. Unit specifics include four offices, a conference room, a kitchen, a warehouse, shipping/receiving area with an 8' overhead drive-in door, and an 8x12 storage area. The units boast 12' ceilings, electric heat and power, 100% central air conditioning, and two restrooms. The 1.5-acre lot provides ample parking (25 spaces) and excellent signage opportunities. One tenant lease expires December 31, 2024 (unless option exercised), and the other on August 1, 2025 (unless option exercised). The property is zoned BD and was built in 1985. Currently generating a 6% cap rate with over $12,000 annual cash flow, this is a strong investment opportunity. The asking price is $225,000 ($140.62/sq ft). Prospective buyers are advised to conduct thorough due diligence.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hudson
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4116
- Latitude
- 42.823
