Flex Space with
1203 Calef Highway Unit A and B, Barrington, NH 03825
For Sale
$549,900
A renovated office and showroom is paired with an adjoining unfinished unit for build-out, shop use, or storage.
Property Size2,400 SF
Lot Size2.90 Acres
Price / SF$229.13
Days on Market8
Property Features for 1203 Calef Highway Unit A and B
General Information
Standard status
Size
Total Parking Spaces
Lot size
Site & Location
Highway Access
Road Access
Utilities to Site
Warehouse & Industrial
Office Build-Out
Power
Three-Phase Power
Additional Details
Floor
Office Units
Property Use
Building Details
Year Renovated
Buildings
Stories
Listing Agency:
EXP Realty
(888) 398-7062
Listed By:
Bill Riffert · License #072271
(617) 259-0810
Source:
Stevecotran
Added: Nov 1
Changed: Nov 7
Last Checked: Nov 7 at 7:21PM
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 EXP Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story commercial building comprises two condominium units offered together on 2.895 acres. Unit A contains 1,566 SF and was renovated in 2018–19 as an office and showroom, with central A/C, oil-fired forced hot air, and 1.5 baths. The 835 SF Unit B is unfinished. Condo documents allow the interior partition to be removed, creating approximately 2,400 SF of connected space; an unfinished upper level provides additional storage. Electrical service is 200-amp, three-phase, and water and septic are on-site.
The property has approximately 547 feet of frontage on Calef Highway, where traffic is about 14,000 vehicles per day. Parking includes approximately 15 paved spaces and a separate gravel area. A paved driveway is subject to a recorded shared-driveway easement. Potential configurations described for the property include office, showroom, shop, and storage uses; permitted uses should be confirmed with the Town of Barrington.
The property has approximately 547 feet of frontage on Calef Highway, where traffic is about 14,000 vehicles per day. Parking includes approximately 15 paved spaces and a separate gravel area. A paved driveway is subject to a recorded shared-driveway easement. Potential configurations described for the property include office, showroom, shop, and storage uses; permitted uses should be confirmed with the Town of Barrington.
Key Highlights
- 2.895‑acre site with approximately 547 feet of Calef Highway frontage
- Unit A: 1,566 SF, renovated in 2018–19 as an office/showroom
- Unit B: 835 SF of unfinished space for build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,773
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,460
$655.5K
Cap Rate 7%
$468,186
$468.2K
Cap Rate 9%
$364,144
$364.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$50.4K $21.00/SF
− Vacancy
−$6.7K −$2.79/SF
EGI
$43.7K $18.21/SF
− OpEx
−$10.9K −$4.55/SF
NOI
$32.8K $13.66/SF
Area
Strafford County, NH
Vacancy
13.30%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,460
Cap Rate 7%
$468,186
Cap Rate 9%
$364,144
Alternative Uses
Best Use
Office B
$468.2K
$409.7K – $546.2K
NOI $32,773 @ 7.0% cap · market cap 5.96%
Second Best
Flex RnD
$466.4K
$408.1K – $544.2K
NOI $32,651 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$642.1K
$561.8K – $749.1K
NOI $44,945 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03825, NH
9,326
Population
3,550
Households
2.6
Avg Household Size
42
Median Age
44%
College-Educated
97%
High-School Grad
46.9 sq mi
ZIP Area
199
Density / Sq Mi
$99,706
Median Household Income
$51,584
Median Earnings
$1,737
Median Rent
$349,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A renovated office and showroom is paired with an adjoining unfinished unit for build-out, shop use, or storage.
Where is this flex space located?
The property is located at 1203 Calef Highway Unit A and B Barrington, NH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 2.895‑acre site with approximately 547 feet of Calef Highway frontage; Unit A: 1,566 SF, renovated in 2018–19 as an office/showroom; Unit B: 835 SF of unfinished space for build‑out
