1086 Candia Road, Manchester, NH, 03109 | $695,000

Turn-Key Auto Body Shop includes 24' Global Finishing Solutions Ultra, heated, downdraft Paint Booth. Located on Candia Rd, ½ Mile from Exit 6, off Route 93, just past the East Industrial Park Drive intersection, next to Triangle Credit Union on the Left, traffic count is approximately 20, 000 Cars Per Day. This property is fully licensed as Auto Repair, NH State Inspection Station, Auto Sales, Auto Dealership and has sold an average of 40 cars per month for past several years. The current owner has moved to a larger location and it isn't cost-effective to move the paint booth or the 2 car lifts, which will also be sold with the property. Over the past 5 years, the owner has invested nearly $240, 000 into improvements to the property, including completely new, large paved parking lot licensed for up to 18 cars along Candia Rd, (has had up to 25 with no issues and the lot can fit almost double that. Fenced area in rear, also fits nearly 20 cars, still a dirt parking area), new offices, 2 new bathrooms, one including a shower, new high-efficiency office and shop lighting, full security system including HD cameras throughout the property, new exterior with high-efficiency insulation, new windows, doors and HVAC in office, new rubber roof and new high-efficiency paint booth with new air handler/exhaust.

Features

  • Construction: Brick Exterior
  • Parking: On-Site,Parking Spaces 21+,Paved
  • Heating: Forced Air,Natural Gas
  • Units: 1
  • Zoning: IND
  • Frontage: 300
  • Year Built: 1958
  • Approx Sq. Feet: 3,104
  • Acreage: 0.65
  • Est. Taxes: $6,014
  • Elem. School: 640000
  • School District: Gambaccini
  • MLS#: 4664751
  • Website: https://www.raveis.com
    /prop/4664751/1086candiaroad_manchester_nh?source=qrflyer
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Listing courtesy of Keller Williams Realty-Metropolitan   Phone: 603-232-8282
Listing Agent: Ronald Fredette

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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1086 Candia Road, Manchester, NH, 03109

$695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.209% 6.168% 5.609%
Monthly Tax Payment $501 $501 $501
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,157 $3,330 $4,506
Total Monthly Payment $3,750 $3,923 $5,099

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.