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    205 River Rd Hooksett, NH 03106

    For Sale
    $775,000

    Prime Route 3A location, high income potential.

    Property size:
    8,064 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional multi-tenant commercial property, situated at 205 West River Road in Hooksett, New Hampshire, presents a lucrative investment opportunity. The 8,064 square foot building is strategically located on Route 3A, offering superb visibility and accessibility, just off Exit 10 of I-93. The property sits on a 0.7-acre lot and boasts ample parking, both in front and rear. The building comprises four primary storefront retail/office units, each benefiting from central air conditioning and heating. In addition, there are five separate garages, providing further income potential through leasing or utilization. Currently, the building houses a diverse tenant mix including a kitchen and cabinet company, a spa, an office, and garage users. The property enjoys public water and natural gas services. Constructed primarily between 2008 and 2013, the building is modern and well-maintained. Excellent signage opportunities exist both on Route 3A and on the building itself. The current gross income potential is $97,884 annually, with a net income (after expenses) of approximately $83,504. Existing tenants have expressed interest in extending their leases, although current agreements are month-to-month or nearing expiration, offering a buyer the flexibility to occupy all or part of the building. This property is a highly visible and profitable investment in a desirable location.

    Property Features for 205 River Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,064 SF
    Lot Size
    30,492 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Kitchen & Bath Storage Facility Furniture Store Daycare Center Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Hooksett
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4653
    Latitude
    43.06153

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Route 3A location, high income potential.
    Where is this commercial real estate located?
    The property is located at 205 River Rd Hooksett, NH.
    What is the asking price?
    The asking price for this property is $775,000.
    (603) 845-9972
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    205 River Rd Hooksett, NH 03106
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    Realmo Value Estimation

    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.

    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.

    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
    205 River Rd Hooksett, NH 03106
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