Studio-Style Office
For Sale
$295,000
125 Main Street, Newmarket, NH 03857
Two adjacent studio-style office condo units are available individually or together, with ample on-site parking.
Property Size1,122 SF
Price / SF$262.92
Days on Market470
Property Features for 125 Main Street
General Information
Standard status
Active
Size
1,122 SF
Property subtype
Commercial
Lease Term
[]
Additional Details
Office Units
2
Building Details
Year Built
1900
Listing Agency:
Colliers International
Listed By:
Abby Bachman
(617) 510-4783
Source:
Lakesregionrealestate
Added: May 19, 2025
Changed: Aug 31
Last Checked: Aug 30 at 5:18PM
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.
This offering includes two adjacent studio-style office condominiums in the Rivermoor Landing complex. Unit B is available individually or can be purchased as a combined package with abutting Unit A. The units are configured as studio-style offices and are suited for flexible professional use.
The property is located at 125 Main Street in downtown Newmarket, NH, and is described as being situated along the waterfront with nearby walking trails and downtown amenities, including dining and shopping. On-site parking is available for clients and employees.
Purchase flexibility allows an owner-occupant to acquire a smaller professional space, or a buyer to combine the adjacent units for a larger footprint, depending on the intended layout and operating needs.
The property is located at 125 Main Street in downtown Newmarket, NH, and is described as being situated along the waterfront with nearby walking trails and downtown amenities, including dining and shopping. On-site parking is available for clients and employees.
Purchase flexibility allows an owner-occupant to acquire a smaller professional space, or a buyer to combine the adjacent units for a larger footprint, depending on the intended layout and operating needs.
Key Highlights
- Two adjacent studio‑style office condo units in the Rivermoor Landing complex, offered individually or together
- Unit B is 1,122± SF, offered individually or as a combined package 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
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
NOI $26,148 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two adjacent studio-style office condo units are available individually or together, with ample 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 condo units in the Rivermoor Landing complex, offered individually or together; Unit B is 1,122± SF, offered individually or as a combined package with abutting Unit A for 2,579± SF total; Convenient ample on‑site parking for clients and employees
