Current Auctions

32 +/- Acres Industrial Real Estate, Auction Details

17 Interchange Drive (Plaza Heights Business Park)
Lebanon, NH 03784
Excellent Development Opportunity

Sale Date: T.B.D.

Inspection Date: By appointment only - call (800) 300-6852

Mortgagee Sale of Real Estate

2 Parcels Land 3 Multi-Tenant Industrial Buildings 32 +/- Acres on 2 Parcels 206' +/- Road Frontage Zoned IND-L, Light Industrial

Bill Firestone, Auctioneer, Capital Recovery Group, NH Auction License #: 2677

Highlights


Highlights include:

  • 2 Parcels of Land
  • 3 Multi-Tenant industrial buildings 32,000 +/- sf; occupancy level is 69.28%
  • 32 +/- acres on 2 parcels of land; Lot 11 consists of 24 +/- acres and Lot 12 consists of 8 +/- acres
  • 206’ +/- of road frontage along the east side of Interchange Drive
  • Improved land area consists of 7.50 +/- acres with three buildings
  • Zoned IND-L: Light Industrial
  • 59 miles to Concord, NH; 72 miles to Manchester, NH; 122 miles to Boston, MA
  • Minutes from Interstate 89
  • All Public Utilities including city water and sewer, electricity and telephone

 

24 +/- acres of excess land which could be subdivided or could be developed in a variety of ways including expansion of the existing improvements

 Building 1

  • Constructed in 1973, partially upgraded over the years
  • Front Section: 2-story office component; Rear Section: open warehouse area
  • Rentable Area: 10,000 +/- SF (2,700+/- SF Office; 7,300+/- SF Warehouse)
  • Building is partially occupied by a single tenant
  • Masonry Construction; Concrete Foundation; Thermopane Windows; Fluorescent Lighting; Radiant (propane) heat in warehouse; electric baseboard in office
  • 3 Half baths, 1 with Jacuzzi tub and sauna
  • 4 Drive-through overhead doors

 

Building 2

  • Constructed in 1978, renovated in 1997
  • Front Section: 2-story office component, currently being leased; Rear Section: Open warehouse area with a small office area, currently being leased
  • Rentable Area: 10,000 +/- SF (4,000+/- SF Office; 6,000 +/- SF Warehouse)
  • Pre-engineered construction; Concrete Foundation; Thermopane Windows; Metal Roof; Steel Framing; Recessed Fluorescent Lighting in office; Mercury Halogen lighting in warehouse; Radiant (propane) heat; Central Air in the office
  • Multi-fixture restroom, half bath & small kitchen sink in office area; half bath, shower room and utility sink in warehouse area
  • 4 Drive-through overhead doors

 

Building 3

  • Constructed in 1978, renovated over the years
  • Currently occupied by 2 tenants
  • Rentable Area: 12,000+/- SF (800+/- SF Office, 11,200+/- SF Warehouse)
  • Pre-engineered construction; Concrete Foundation; Thermopane Windows; Metal Roof; Steel Framing; Fluorescent Lighting; Radiant (propane) heat
  • 3 Half Baths
  • 6 Drive-through overhead Doors
  • 4 Tailboard loading docks

 

Terms of Sale

2% Buyer's premium. A deposit of $50,000 is required by certified check or bank cashier’s check at time and place of sale. Deposit must be increased to 10% of purchase price within twenty-four (24) hours of sale. The balance is due by certified check or bank cashier’s check. Closing on the property must be within 30 days following the execution of Purchase and Sale Agreement. All other terms are set forth in the bidder’s prospectus and at the time of the sale. The sale is subject to seller confirmation.

 

Please click here for Bidders Package

Please click here for Memorandum of Mortgagee's Sale

 

For Bidders Package call 800-300-6852 

 

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