CCertihomes
450 S Broadway, Salem, NH 03079

$399,000

0 beds 1 baths Built 2003Active

About this home

Successful Business For Sale: Offered for sale is the More Space Place franchise in sales tax-free Salem, NH. More Space Place specializes in sales and installation of Murphy Beds, Custom Closets, Home Office, and more. This location was opened in 2003 and has an impeccable 20+ year reputation for quality and customer service. The highly visible retail space with pylon and building signage and abundant parking is on located busy Route 28, just 1/2 mile north of I-495. The location boasts superb demographics with 23, 000+ vehicles per day, according to the NH Department of Transportation. The business also has a warehouse/ workshop space off Exit 2 on I-93. The attractive leases will be re-written with the new owner. The sale must be approved by the franchisor. Prospective buyers should perform due diligence in all aspects of a contemplated acquisition. Financial reports are available to qualified buyers after execution of a Non-Disclosure Agreement.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.21% APR.

Your estimated payment
$4,286/mo

Real estate (PITI + HOA + PMI)
$3,861
Principal + interest$2,576
Property tax + insurance$1,135
PMI / 2nd mortgage$150
Utilities
$722
Heating + cooling$193
Internet + TV + phone$170
Water + sewer + garbage$58
Transportation
$104
Car insurance + maintenance$104
Other (entertainment)
$170
$4,286/mo TLC
Budget$5,000/mo
Remaining after TLC$714/mo
Purchase price
$399,000
Down payment
$19,950 (5%)
Loan amount
$379,050
APR
7.21%

Quick facts

Type
BU
Style
Year built
2003
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73213787
County
Rockingham

Neighborhood — 03079

MetricThis ZIPCountyUSA
Population27,9181,328,860299,088,112
Population Change Since199016.00%20.00%20.00%
Population Density1,074143
Male13,942656,203147,432,321
Female13,977672,657151,655,844
Never Married5,347268,94463,775,926
Married13,659602,538123,120,365
Separated69537,74812,639,686
Widowed1,27463,90215,467,586
Divorced1,967113,91223,075,029
Number Of House Hold10,316499,581111,826,380
Average House Hold Size2.692.582.60
Medial Age40.4338.4535.46
Median House Hold Income$66,050$56,270$48,276
Average House Hold Income$81,469$68,940$63,629
P C I$30,318$26,652$24,529
M D I$54,633$47,101$41,133
A T H E$61,331$54,123$50,898
S T R0.00%0.00%
W C J79.45%77.83%77.74%
(Zip) Code
3079

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 3/19/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.

450 S Broadway · Salem — $399,000 · Certihomes