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Industrial Flex Building with Three Units
For Sale
$2,100,000

94 River Rd, Hudson, NH 03051

Built in 2004, the three-unit industrial flex building offers an 85% occupancy rate and industrial-commercial zoning.

Property Size16,320 SF
Price / SF$128.68
Days on Market97

Property Features for 94 River Rd

General Information

Standard status Active
Size 16,320 SF
Property subtype Commercial
Zoning Industrial-Commercial Mix
Occupancy 85%

Building Details

Year Built 2004
Tenancy Multi
Listing Agency: KW Coastal Land & Commercial Group
Listed By: Whitney Taylor · License ##071469
Source: Elliman
Added: Apr 27 Changed: Jul 23 Last Checked: Aug 1 at 7:44AM

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 KW Coastal Land & Commercial Group

Investment Insights

Based on property information with market context.

This 16,320 SF industrial flex building was built in 2004 and includes three units. The property is currently 85% occupied, making it a multi-tenant option within an industrial-commercial mix zoning framework.

The property is located at 94 River Rd in Hudson, NH 03051. The area is described as somewhat bikeable with a car-dependent setting.

For tenants or owners seeking adaptable industrial flex space, the three-unit configuration provides multiple setups within a single building while maintaining strong current occupancy.

Key Highlights

  • 3‑unit industrial flex building totaling 16,320 SF, built in 2004
  • Industrial‑commercial mix zoning
  • 85% occupancy rate

Financial Insights For Industrial

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 $211.5k $12.96
− Vacancy −$11.6k −$0.71
EGI $199.9k $12.25
− OpEx −$60.0k −$3.67
NOI $139.9k $8.57
16,320 SF · lease $12.96/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$4.09M
$3.58M – $4.78M (±1% cap)
NOI $286,526 @ 7.0% cap · market cap 13.64%
Second Best
Industrial
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,912 @ 7.0% cap · market cap 6.66%
Theoretical Best
Specialty Retail
$29.90M
$26.16M – $34.88M (±1% cap)
NOI $2,093,040 @ 7.0% cap · market cap 99.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

LIVE UNDISTRACTED (Bike/Boat/Book/etc) Store Legacy Wall Systems ... Hardware & Home Improvement Finish Line Product ... (Bike/Boat/Book/etc) Store jumpstart resources rod Consultant

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Gym & Fitness Center Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store

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

85%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Balanced
Demand for This Use

Demographics for 03051, NH

25,394
Population
10,080
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
95%
High-School Grad
28.3 sq mi
ZIP Area
897
Density / Sq Mi
$124,973
Median Household Income
$60,768
Median Earnings
$1,615
Median Rent
$407,100
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Built in 2004, the three-unit industrial flex building offers an 85% occupancy rate and industrial-commercial zoning.
Where is this flex space located?
The property is located at 94 River Rd Hudson, NH.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 3‑unit industrial flex building totaling 16,320 SF, built in 2004; Industrial‑commercial mix zoning; 85% occupancy rate
More about this property
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