Properties

Property Description

Just .3 miles from exit 12 of the Everett Turnpike, this level 26,136+/- SF lot features 2 curb cuts, onsite water, sewer and natural gas. This location offers walking distance access to dining, grocery shopping, pharmacy and other retail. Zoning allows for a mix of retail and residential uses, but a proforma highest and best use analysis shows that redevelopment into a new-construction, multi-unit residential property offers the highest return, close a 10 cap and 11 cash-on-cash return, and that is at a lot sales price of $250,000! Next best would be a 5 unit specialty retail development at between a 7 – 8 cap rate.

Property Details
Active
$5, 160
2019
0
C1 - Commercial
26, 136 Sqft
Yes
$282
207
Yes
Location
598 Daniel Webster Highway
NH-Hillsborough
US
NH
Merrimack
03054
NH-Hillsborough
No
From North: Everett Turnpike to exit 13. Follow signs fro Rt 3. Head south on rt 3 for 2.3 miles. Property on the right. From South: Everett Turnpike to exit 12. Turn right on Bedford Rd, then Right on DW Highway. Property is .3 miles on the right across from Tortia Flats.
Exterior
: Driveway, Off-site
0
Level, Major Road Frontage
Room Details
Land/Building, Outbuilding
Utilities
Public
Public
Cable - Available, Gas - On-Site, Other
Listing Info
Bob
James
Keller Williams Gateway Realty

For Sale

598 Daniel Webster Highway, Merrimack, New Hampshire 03054

0.60 Acre
$240,000
Keller Williams Gateway Realty
Bob James
MLS # 4802637
Basic Info
Property Type :
Listing Type : For Sale
Price : $240, 000
Lot Area : 0.60 Acre
MLS # : 4802637
Days On Market : 523
Agent info
Cowan & Zellers
Contact Agent