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    244 Amesbury Rd Kensington, NH 03833

    View on Map
    Sponsored
    For Sale
    Under Contract
    $999,900

    Commercial For Sale - Kensington, NH

    Lot size:
    2.24 Acres
    Days on Market:
    41
    Last Refresh:
    Mar 17 at 7:06 am

    Property Features for 244 Amesbury Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMCO
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    2.24 Acres

    Utilities

    Heating system
    Forced Air, Propane (Heating), Solar (Heating), Wood (Heating)
    Cooling system
    Central Air, Multi Units, Zoned

    Building Details

    Year built
    2015
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Donna M Carter

    Donna Carter Real Estate (603) 770-0516

    Listing agent Donna Carter (603) 770-0516

    Listing date Feb 4, 2026

    MLS# 5040365 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Repurposed Commercial Building with Kitchens

    This commercial property, formerly known as "The Food Barn", has been repurposed and expanded. It features a full basement and a metal silo that can be used for wood chips to heat the greenhouses or for propane. An array of seller-owned solar panels is installed on the roof. The property includes two fully stocked commercial kitchens, one of which is currently leased for $2,500 per month plus propane. The larger commercial kitchen was previously rented for $4,100 per month plus propane. The renovated barn features a two-story open foyer that was previously used for farm-to-table dinners. The second and third levels offer additional space suitable for meetings or office use. A loading dock is located at the rear of the building, along with a large garage door. There are three heated greenhouses, each potentially rentable for $350 per month, and ample paved parking spaces in the rear. The property offers a zero-step entry with a stamped concrete walkway and landscape paver patio. The 2.24-acre lot presents unlimited options, including use as a restaurant, brewery, office building, flower shop, nursery, or farm stand. The property is located just over the border from Massachusetts and is 3 miles from Exit 1 on Route 95 and 1.5 miles from "The Brook" in Seabrook.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Karimah’s Kitchen Catering Service Granite Slates Specialty Food Shop Food Barn Restaurant

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Food Market Accounting Firm Grocery & Convenience Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kensington
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.9258793
    Latitude
    42.9080894

    Nearby Similar for Sale

    • $999,900

      Repurposed Commercial Building with Greenhouses

      Versatile commercial property with kitchens, greenhouses, and potential income.
      244 Amesbury Rd, Kensington, NH 03833
      View Details
    • $449,000
      3,464 SF

      Kensington Commercial Condo Unit

      Spacious Commercial Condo, Prime Location
      243 Amesbury Rd, Kensington, NH 03833
      View Details

    FAQs

    What type of property is this?
    Commercial kitchen - Versatile commercial property with kitchens, greenhouses, and potential income.
    Where is this commercial kitchen located?
    The property is located at 244 Amesbury Rd Kensington, NH.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: - Two fully stocked commercial kitchens, one currently leased for $2,500/month + propane.; - Seller-owned solar panels and a silo for wood chips (or propane) for heating.; - Repurposed building with a full basement, loading dock, and large garage door.
    (603) 770-0516
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    244 Amesbury Rd Kensington, NH 03833
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    Kensington, NH 03833
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    244 Amesbury Rd Kensington, NH 03833
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    Listing Contact
    Donna M Carter
    (603) 770-0516
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