166 Riv Rd Bedford, NH 03110-6928
- Office buildings
- 24,712 SF
- 2.46 lot acres
Current Use by Public Records
- Office buildings
Property Details for 166 Riv Rd
- Year built
- 1981
- Construction
- STEEL FRAME
- Lot size
- 2.46 lot acres
- Property size
- 24,712 SF
- Zone code
- PZ
- Property type
- Office buildings
- APN
- BEDD M:22 B:58 L:
- APU
- BEDDM22B58L
Description
This exceptional Class B office building, Bedford Crossing, located at 166 S River Rd, Bedford, NH 03110, offers a variety of executive office suites for lease. The 24,693 square foot building, constructed in 1980 and renovated in 2015, features one building with two stories and is situated in a Performance Zone. Available spaces range from a compact 235 square feet (Suite 110B on the first floor) to larger contiguous spaces up to 7,389 square feet (combining Suites 205 and 220 on the second floor). Suite 205 offers 2,000 to 4,389 square feet, while Suite 220 provides 3,000 square feet. These larger suites include a mix of open space, private offices, conference rooms, and kitchenettes. Suite 240, also on the second floor, comprises 1,515 square feet with open space, an office, and a kitchenette. Shared restrooms are conveniently located on each floor, with a shared kitchen available on the first floor. The property boasts ample on-site parking for tenants and guests. The building enjoys a high-image professional management and benefits from abundant natural light. Its strategic location provides easy access to Manchester-Boston Regional Airport and downtown Bedford (approximately 7 minutes away), and a lighted intersection at Meetinghouse Road ensures convenient access. Currently, 9,139 square feet of space is vacant. The minimum divisible space is 235 square feet.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,615,000
- 6.5%
- $3,335,000
- 7%
- $3,095,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,826,000
Market price range: $2.29M - $5.80M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $5,540,000
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Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.478
- Latitude
- 42.9486
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA