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Flex Space with Mezzanine
For Sale
$339,900

11-17 Route 125, Kingston, NH 03848

Commercial unit with office space, mezzanine area, overhead doors, and dedicated parking.

Property Size2,100 SF
Price / SF$161.86
Days on Market53

Property Features for 11-17 Route 125

General Information

Standard status Active
Size 2,100 SF
Total Parking Spaces 4

Warehouse & Industrial

Power 200 amps
Three-Phase Power Yes
Listing Agency: Sue Padden Real Estate LLC
Listed By: Susan Padden
Source: Exprealty
Added: Sep 4 Changed: Oct 25 Last Checked: Oct 24 at 7:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sue Padden Real Estate LLC

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Investment Insights

Based on property information with market context.

Unit 11 at Commerce Park provides 2,100 square feet of flex space with a front office and an open mezzanine. The unit includes overhead doors measuring 14 feet, 200 amp 3-phase electrical service, dual-zone air conditioning, and propane heat. Four parking spaces are assigned to the unit.

Located at 11-17 Route 125 in Kingston, New Hampshire, the property is part of Commerce Park. Association services include landscaping, snow removal, trash removal, water, and sewer.

Key Highlights

  • 2,100 square feet of flex space
  • Front office plus open mezzanine
  • 14‑foot overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,069
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,380 $481.4K
Cap Rate 7%
$343,843 $343.8K
Cap Rate 9%
$267,433 $267.4K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$39.8K $18.96/SF
− Vacancy
−$2.8K −$1.33/SF
EGI
$37.0K $17.63/SF
− OpEx
−$13.0K −$6.17/SF
NOI
$24.1K $11.46/SF
Area
Rockingham County, NH
Vacancy
7.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,380
Cap Rate 7%
$343,843
Cap Rate 9%
$267,433

Alternative Uses

Best Use
Flex RnD
$343.8K
$300.9K – $401.2K (±1% cap)
NOI $24,069 @ 7.0% cap · market cap 7.08%
Second Best
Warehouse
$219.1K
$191.7K – $255.6K (±1% cap)
NOI $15,335 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$699.1K
$611.8K – $815.7K (±1% cap)
NOI $48,940 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Electrical Service Pharmacy Plumbing Service Law Firm Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby
Well-served
Demand for This Use

Demographics for 03848, NH

6,202
Population
2,796
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
19.8 sq mi
ZIP Area
313
Density / Sq Mi
$103,665
Median Household Income
$53,231
Median Earnings
$1,382
Median Rent
$442,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Commercial unit with office space, mezzanine area, overhead doors, and dedicated parking.
Where is this flex space located?
The property is located at 11-17 Route 125 Kingston, NH.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 2,100 square feet of flex space; Front office plus open mezzanine; 14‑foot overhead doors
More about this property
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