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80 Elm St

5.58 Acres of Commercial Land Offered at $3,806,593 CAD in Peterborough, NH 03458

Investment Highlights

  • High Visibility
  • Ideal lot Configuration
  • Proximity to Central Business District
  • Village Commercial District
  • High Commercial Viability
  • New Development

Executive Summary

Fee Simple Land purchase. For Sale or Lease by Owner. The Property is anticipated to be demolished in Summer 2024. Please contact me for more information.

Financial Summary (Pro forma - 2025)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $1,436,450 $257,428.32
Other Income - -
Vacancy Loss $143,645 $25,742.83
Effective Gross Income $1,292,805 $231,685.48
Taxes $20,110 $3,604.00
Operating Expenses $430,935 $77,228.49
Total Expenses $451,045 $80,832.49
Net Operating Income $841,760 $150,852.99

Financial Summary (Pro forma - 2025)

Gross Rental Income (CAD)
Annual $1,436,450
Annual Per AC $257,428.32
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual $143,645
Annual Per AC $25,742.83
Effective Gross Income (CAD)
Annual $1,292,805
Annual Per AC $231,685.48
Taxes (CAD)
Annual $20,110
Annual Per AC $3,604.00
Operating Expenses (CAD)
Annual $430,935
Annual Per AC $77,228.49
Total Expenses (CAD)
Annual $451,045
Annual Per AC $80,832.49
Net Operating Income (CAD)
Annual $841,760
Annual Per AC $150,852.99

Property Facts

Price $3,806,593 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bar
  • Bowling Alley
  • Carwash
  • Community Centre
  • Tienda de conveniencia
  • Daycare Centre
  • Department Store
  • Drugstore
  • Fast Food
  • Food Processing
  • Healthcare
  • Health Club
  • Hospital
  • Hotel
  • Lodge or Meeting Hall
  • Medical
  • Motel
  • Neighbourhood Centre
  • Office Park
  • Parking Lot
  • Police or Fire Station
  • Post Office
  • Religious Facility
  • Restaurant
  • Schools
  • Supermarket
  • Truck Stop
Total Lot Size 5.58 AC

1 Lot Available

Lot

Price $3,806,593 CAD
Price Per AC $682,185 CAD
Lot Size 5.58 AC

RARE OPPORTUNITY! For Sale by Owner for nearly 20 years! 80 Elm Street is a 5.58 Village Commercial Lot with incredible location favorable development conditions. Located along side the main Highway 101 corridor at the cross streets of Grove St.

Description

80 Elm Street is a perfect property to develop for a variety of Commercial Uses including residential construction. The owners of the project have applied to demolish the existing structure to present the property as a turn-key investment opportunity. The adjacent properties consist of other commercial uses and plans have been submitted to expand the Fire Station directly across the site. This property would be ideally suited for any owner-user or a developer looking to take advantage of the mixed use zoning ordinance that has been in effect as of May 2023. UNICOM is also willing to Lease out the property to any tenant that is looking to either reside or work in Peterborough with generous terms. Minimum Commitment is 10 Year-Term with 2% escalations and 6 months of rental abatement.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PTBR-000023U-000021
Land Assessment
$480,540 CAD (2023)
Improvements Assessment
$1,276,205 CAD (2023)
Total Assessment
$1,756,745 CAD (2023)
Annual Taxes
$20,110 CAD
Tax Year
2025

zoning

Zoning Code Village Commercial (The purpose of the Village Commercial District (VCD) is to implement the Vision Section of the Peterborough Master Plan.)
Village Commercial (The purpose of the Village Commercial District (VCD) is to implement the Vision Section of the Peterborough Master Plan.)
  • Listing ID: 31578028

  • Date on Market: 2024-04-22

  • Last Updated:

  • Address: 80 Elm St, Peterborough, NH 03458

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