Chester, NH – NAI
Norwood Group is pleased to announce the sale of 20 Chester Street in Chester,
New Hampshire. Two buildings totaling 10,115± SF were part of the sale by, Chester
College of New England. The transaction closed on December 17th and
sold for $225,000, according to the Registry of Deeds. NAI Norwood Group
represented the seller, Chester College of New England.
This is a 2.81 acre
parcel of a former classroom and photo studio owned by Chester College of New
England. The buyers received a variance from the town to place their antique
business Bittersweet Blessings (www.bittersweet-blessings.com) in the property. "This was a win-win-win, for the town,
the school and the buyers", Chris Norwood of NAI Norwood Group commented,
"it was great that the town worked with the buyers to keep this business
in Chester, which we think preserves the village feel of the town.” NAI Norwood Group continues to market the
balance of the property, a 70 acre 5 building campus with library, dormitories
and classroom space. There are many
opportunities for reuse and redevelopment of the former Chester College campus
in Chester New Hampshire.
The small New England liberal art campus underwent substantial
renovation in the mid 2000’s with numerous improvements in many of their
buildings. Most of the upgrades were directed to code, life safety and energy
enhancements which brought the campus up to date. The single largest and most
recent expansion was the 2002 construction of Preston Hall, a 23,000± SF modern
student residence hall.
NAI Norwood Group is an affiliate of NAI Global, the world’s leading
managed network of independently owned commercial real estate brokerage
firms. Through this network of 355
offices in 55 countries, NAI Norwood Group is able to leverage their 40+ years
of dedicated local experience around the world. With our extensive background
and strong local contacts, we are able to assist individual corporations in
negotiating leases, sales, business brokerage, investments, relocation, site
selection and development. For more information please visit www.nainorwoodgroup.com. Or contact one of our offices: 116 South River Road, Bedford, NH
03110, (603)668-7000 or 100 Market Street Suite 200, Portsmouth, NH 03801 (603)
431-3001.
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