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Studio-Style Office Condominiums
For Sale
$295,000

125 Main Street, Newmarket, NH 03857

Two adjacent studio office condos offer flexible space planning and convenient on-site parking.

Property Size1,122 SF
Price / SF$262.92
Days on Market415

Property Features for 125 Main Street

General Information

Standard status Active
Size 1,122 SF
Property subtype Commercial

Additional Details

Office Units 2

Building Details

Year Built 1900
Listing Agency: Colliers International
Listed By: Abby Bachman
Source: Aultcommercial
Added: Jul 3, 2025 Changed: Aug 8 Last Checked: Aug 8 at 7:51AM

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 Colliers International

Investment Insights

Based on property information with market context.

The property consists of two adjacent, studio-style office condominiums within the Rivermoor Landing complex. Unit B is 1,122± SF and is offered individually, or it can be purchased together with the abutting Unit A for a combined total of 2,579± SF. This setup supports a range of uses where a compact, studio-style configuration is preferred.

The complex is located in downtown Newmarket, NH, near the waterfront. Public remarks indicate nearby walking trails and downtown amenities such as dining and shopping, which can be useful for client-facing businesses.

For owner-occupants, the studio-style layout can work well for professional firms, creative studios, or wellness practices that prefer smaller, dedicated office space. For investors, the ability to purchase Unit B on its own or as part of a combined package with Unit A may provide additional flexibility depending on leasing and operating goals.

Key Highlights

  • Two adjacent studio‑style office condominium units in the Rivermoor Landing complex
  • Unit B is 1,122± SF and can be purchased individually or with abutting Unit A for 2,579± SF total
  • Convenient ample on‑site parking for clients and employees

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,261
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.53%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$385,220 $385.2K
Cap Rate 7%
$275,157 $275.2K
Cap Rate 9%
$214,011 $214.0K
Market Conditions
NOI Build-Up for 1,122 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.6K $26.40/SF
− Vacancy
−$3.9K −$3.51/SF
EGI
$25.7K $22.89/SF
− OpEx
−$6.4K −$5.72/SF
NOI
$19.3K $17.17/SF
Area
Rockingham County, NH
Vacancy
13.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$385,220
Cap Rate 7%
$275,157
Cap Rate 9%
$214,011

Alternative Uses

Best Use
Office B
$275.2K
$240.8K – $321.0K (±1% cap)
NOI $19,261 @ 7.0% cap · market cap 6.53%
Second Best
no second resolved use
Theoretical Best
Office A
$373.5K
$326.9K – $435.8K (±1% cap)
NOI $26,148 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Rum Doodle Studios Photography Service Great North Property ... Property Management Company Annie DiVello Consulting ... Physician Seacoast Photographers Studios Photography Service Ampers& Studio : : a graphic ... Marketing & Advertising

Suggested Use

Top Pick HVAC Service Law Firm (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Bakery Locksmith

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

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 03857, NH

9,430
Population
4,443
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
98%
High-School Grad
12.6 sq mi
ZIP Area
748
Density / Sq Mi
$94,345
Median Household Income
$53,518
Median Earnings
$1,648
Median Rent
$384,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two adjacent studio office condos offer flexible space planning and convenient on-site parking.
Where is this office units located?
The property is located at 125 Main Street Newmarket, NH.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two adjacent studio‑style office condominium units in the Rivermoor Landing complex; Unit B is 1,122± SF and can be purchased individually or with abutting Unit A for 2,579± SF total; Convenient ample on‑site parking for clients and employees
More about this property
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