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111 Franklin Street Extension

Derry, NH
Floors
2
Total Size
4,254 sqft
Parking Ratio
11.8 (per 1000 SF)
Zoning
INDUSTRIAL IV
Year Constructed
1920
Year Renovated
0
Building Class
Class

About 111 Franklin Street Extension

Commercial, investment, residential, office - so many options for this property. This 1.11 +/- acre parcel is located in a flexible industrial/commercial zone and can be utilized in many ways. The structure is currently a three unit facility. One unit is a residential 3 bedroom home that has a deceptively modern interior. There is also a second residential unit, which is an efficiency; perfect for additional income, an employee unit or additional office or commercial use. There is also an additional commercial unit that has been recently used as a real estate office and other prior commercial uses. There is storage on two levels of an attached garage and barn, as well. Total square feet is approximately 4,254 between the three potential units and garage/barn area. Large open land area could also be perfect for parking, storage or other business opportunities.

Perfect for someone looking to run business out of home or to be able to get extra income by renting one, two or all of the potential units. - Parking description: Potential parking spaces for approximately 50 cars - Area description: I-93, Exit 4 to Route 102 East. At second set of lights in downtown Derry, take a left on Crystal Ave. At second set of lights on Crystal Ave., take a left on Folsom Rd. Right on Franklin Street Extension. - Building condition: Average - Class of space: Class - Tenancy: Multiple Tenants

Internet Providers for 111 Franklin Street Extension

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
1 Gb/s
G4 Communications DSL
10 Mb/s
1.5 Mb/s
N/A DSL
10 Mb/s
1.5 Mb/s
FairPoint Communications, Inc. DSL
1.5 Mb/s
768 kbps

The City: Derry

The typical asking rate per listing is in the $20's per square foot per year. The Derry region is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Greater Boston market, the Derry submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
Derry $20
/sqft/yr
1,200
sqft
Median Rate Median Size
Greater Boston $24
/sqft/yr
3,600
sqft

Median Rate over Time in Derry