Commercial for Sale: 7 Church Street, Deerfield, NH 03307 SOLD

$510,000
$510,000
7 Church Street, Deerfield, NH 03307 SOLD
$510,000
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Selling Price: $510,000
Original List Price: $589,500
Sold at 86.5% of list price
Sold Date: 12/06/2024

Type Commercial
Lot Size 0.63 acres
Year Built 1882

City Deerfield
County Rockingham

MLS 5016231
Status Closed
DOM 57 days
The Deerfield Business Center is a 4,369 +/- SF mixed-use office and residential building located in the heart of Deerfield, NH, just off Routes 43 and 107. Originally a church and then a community center, the building now comprises 6 office units and 2 residential units. Five office units are located on the first floor, and one in the tower. The seller used one of the units as a personal office but has recently moved leaving one of the office units vacant. The second level has two renovated 1-bedroom apartments, complete with hardwood flooring, vaulted ceilings, and stone countertops. The building has five bathrooms (2 full and 3 quarter baths). The commercial tenants have shared common area space with restrooms and kitchenette. The first floor is radiant heating, while the upper floors are a combination of FHA, Mini Split, and electric baseboard heating. Gross rents currently total $57,780.00, with a net operating income (NOI) of $36,224.00. The pro forma gross income is estimated at $74,280 with the vacant unit leased. Valued on 9.9% CAP rate from proforma NOI. There is ample parking available in the paved lot, along with coin-operated laundry and the majority of the building is sprinklered.

Lot & Building Features

Utilities Cable, Gas - LP/Bottle
Heating Baseboard, Radiant Floor, Propane, Oil, Mini Split, Forced Air, Electric
Sewer Private
Tax Year 2024
Water Drilled Well
Basement Description Bulkhead

Price History of 7 Church Street, Deerfield, NH

Date Name Price Difference
11/12/2024 Price Adjustment $510,000 10.45%
10/17/2024 Price Adjustment $569,500 3.39%
09/26/2024 Listing Price $589,500 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 7 Church Street, Deerfield, NH

Location Map Street View
Photo of Janet Gillis
Janet Gillis
REALTOR®
Direct: 339-933-0932
Office
Marshfield, MA
339-933-0932
Listed by BHHS Verani Londonderry, Casey Purinton 603-397-8246
Sold by BHHS Verani Londonderry, Casey Purinton 603-434-2377
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PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkshire Hathaway HomeServices Verani Realty

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/26/2024