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    347 Shattuck Way Newington, NH 03801

    Sponsored
    For Sale
    $3,600,000

    Restaurant/Banquet Facility - High Traffic Location

    Property size:
    16,470 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 16,470 square foot commercial property, situated on a 6.69-acre lot in Newington, NH, presents a unique investment opportunity. Boasting a highly visible location directly off Exit 4 of the Spaulding Turnpike, this site benefits from over 70,000 vehicles passing daily. The existing building is currently configured as a fully equipped restaurant and banquet facility, ready for immediate operation or redevelopment. High-volume restaurant equipment, including industrial ovens, stoves, grills, and ample commercial-grade refrigeration, is included. A substantial concrete basement provides extensive storage capacity, complemented by a large asphalt parking lot suitable for customer and employee parking, as well as product display. Municipal utilities are readily available. The property's versatile zoning and ample space offer significant potential for expansion, redevelopment, or repurposing, making it an attractive prospect for developers and investors seeking a high-traffic location with substantial existing infrastructure. The combination of existing improvements and prime location creates a compelling opportunity for a variety of commercial ventures. This property is priced at $3,600,000.

    Property Features for 347 Shattuck Way

    General Information

    Property type
    Other commercial real estate
    Square Feet
    16,470 SF
    Lot Size
    291,416 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Newington
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.81499
    Latitude
    43.11067

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    Nearby Similar for Sale

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      Newington Retail Investment Opportunity

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    FAQs

    What type of property is this?
    Commercial real estate - Restaurant/Banquet Facility - High Traffic Location
    Where is this commercial real estate located?
    The property is located at 347 Shattuck Way Newington, NH.
    What is the asking price?
    The asking price for this property is $3,600,000.
    Request Owner's contact information
    347 Shattuck Way Newington, NH 03801
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    Newington, NH 03801
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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
    347 Shattuck Way Newington, NH 03801
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