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    39 River Rd Claremont, NH 03743

    Sponsored
    For Sale
    $399,900

    Two houses, commercial garage, 2.88 acres.

    Property size:
    3,900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity encompasses a diverse portfolio of properties situated on a spacious 2.88-acre lot in Claremont, New Hampshire. The package includes two residential houses, ideal for rental income or owner occupancy. One house is currently rented on a month-to-month basis, offering immediate cash flow potential. The property also features a substantial commercial garage, boasting ample space suitable for a mechanic, car enthusiast, or other business ventures. A partially completed studio apartment within the garage presents additional income potential, or could serve as office space. The garage is equipped with a lift, enhancing its functionality and appeal. The expansive parking lot comfortably accommodates multiple vehicles. The entire property enjoys a secluded and private setting. The houses are located at 33 and 35 Chapel Grove, adding to the overall value and potential of this unique investment. The total square footage of the buildings is 3,900 square feet. The property is being sold "as is," reflecting its current condition. Zoning designations are commercial for the garage and residential for the houses. This is an estate sale.

    Property Features for 39 River Rd

    General Information

    Property type
    Investment properties
    Square Feet
    3,900 SF
    Lot Size
    125,453 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Food Market HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Claremont
    County
    Sullivan
    State
    New Hampshire
    Longitude
    -72.37962
    Latitude
    43.36693

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    FAQs

    What type of property is this?
    Investment property - Two houses, commercial garage, 2.88 acres.
    Where is this investment property located?
    The property is located at 39 River Rd Claremont, NH.
    What is the asking price?
    The asking price for this property is $399,900.
    (603) 785-1865
    Request Owner's contact information
    39 River Rd Claremont, NH 03743
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    Claremont, NH 03743
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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
    39 River Rd Claremont, NH 03743
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