Signalized Corner Commercial
For Sale
$1,200,000
415 Emerson Avenue, Hampstead, NH 03841
Commercial property with a 3,200± SF building, newly paved parking, and ample lot size at a lighted intersection.
Property Size3,200 SF
Lot Size1.08 Acres
Price / SF$375
Days on Market64
Property Features for 415 Emerson Avenue
General Information
Standard status
Active
Size
3,200 SF
Lot size
1.08 Acres
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1960
Listing Agency:
Citylight Homes, LLC
(978) 758-3688
Listed By:
Stephan Coufos · License #596510593
(978) 758-3688
Source:
Laerrealty
Added: May 29
Changed: Jul 21
Last Checked: Jul 30 at 2:55AM
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 Citylight Homes, LLC
Investment Insights
Based on property information with market context.
This for-sale commercial property is situated on a signalized corner and includes a 3,200± square foot building on a 1.08-acre site. The property features newly paved parking areas and the surrounding lot provides ample space for parking and circulation.
The site is located along a state highway at a lighted intersection, offering strong visibility and convenient access. It is positioned within a flexible C-2 Commercial Zone and supports a broad range of retail, service, commercial, automotive, industrial, and professional uses. Permitted uses referenced include retail shops, restaurants, banks, professional offices, schools/daycare, automotive sales and service facilities, contractor and trade shops, and veterinary and animal care facilities.
An additional opportunity may be available to acquire an abutting parcel separately offered, which would allow for a larger combined site should an expansion or redevelopment plan be considered.
The site is located along a state highway at a lighted intersection, offering strong visibility and convenient access. It is positioned within a flexible C-2 Commercial Zone and supports a broad range of retail, service, commercial, automotive, industrial, and professional uses. Permitted uses referenced include retail shops, restaurants, banks, professional offices, schools/daycare, automotive sales and service facilities, contractor and trade shops, and veterinary and animal care facilities.
An additional opportunity may be available to acquire an abutting parcel separately offered, which would allow for a larger combined site should an expansion or redevelopment plan be considered.
Key Highlights
- 1.08‑acre commercial site with a 3,200± SF building built in 1960
- Signalized corner location on Route 111 along a lighted intersection on a state highway
- Newly paved parking areas with ample parking and onsite circulation
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.1k | $21.60 |
| − Vacancy | −$4.5k | −$1.40 |
| EGI | $64.6k | $20.20 |
| − OpEx | −$19.4k | −$6.06 |
| NOI | $45.2k | $14.14 |
3,200 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$646.3K
$565.5K – $754.0K
NOI $45,239 @ 7.0% cap · market cap 3.77%
Second Best
Flex RnD
$523.9K
$458.5K – $611.3K
NOI $36,676 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$1.07M
$932.2K – $1.24M
NOI $74,576 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 03841, NH
6,486
Population
2,810
Households
2.3
Avg Household Size
47
Median Age
36%
College-Educated
98%
High-School Grad
10.4 sq mi
ZIP Area
624
Density / Sq Mi
$99,268
Median Household Income
$55,144
Median Earnings
$1,368
Median Rent
$465,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial property with a 3,200± SF building, newly paved parking, and ample lot size at a lighted intersection.
Where is this flex space located?
The property is located at 415 Emerson Avenue Hampstead, NH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.08‑acre commercial site with a 3,200± SF building built in 1960; Signalized corner location on Route 111 along a lighted intersection on a state highway; Newly paved parking areas with ample parking and onsite circulation
