15 Ermer RdSalem, NH 03079

Property Details for 15 Ermer Rd

Year built

1987

Construction

FRAME

Lot size

4.32 AC

Property size (Sq ft)

35,870 SF

Zone code

LCSD

Property type

Retail properties

Property subtype

Other retail properties

APN

SLEM M:10 B:9951 L:

APU

SLEMM10B9951L

Description

This exceptional 792-square-foot office suite is available for sublease in the highly sought-after North Salem Village. Ideal for professionals, small teams, or expanding businesses, this single-tenant space offers a versatile and productive work environment. The layout includes three individual offices, perfect for maintaining privacy and fostering collaboration. A welcoming reception area provides a professional first impression for clients and guests. Convenience is key with an included kitchenette and a private restroom. Accessibility is ensured with a mobility lift servicing the second floor, making the space inclusive and welcoming to all. Located in the heart of North Salem, this office suite provides easy access to a variety of local amenities, including shopping and dining options, enhancing the overall work-life balance. This is a fantastic opportunity to secure a prime office space in a thriving community, offering a blend of comfort, convenience, and professional appeal. The suite is ready for immediate occupancy, providing a seamless transition for your business. Don't miss this chance to establish your presence in this desirable North Salem location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,717,662

  6.5%

  $8,047,073

  7%

  $7,472,282

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,810,671

  Geo Method

  $11,810,671

• Alternative Use

  Use

  Valuation

  Residential

  $6,788,007

  Hospitality

  $6,217,778

  Educational

  $5,173,118

  Medical

  $5,351,030

  Retail

  $8,047,073

Location Insight

City

Salem

County

Rockingham

State

New Hampshire

Latitude

42.8452

Longitude

-71.2231

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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