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Redevelopment Industrial Land with Offices
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3 Mechanic Street, Groveton, NH 03582

Industrial land package with existing office and warehouse buildings plus surrounding acreage prepared for redevelopment.

Property SizeContact for details
Lot Size125.00 Acres
Days on Market122

Property Features for 3 Mechanic Street

General Information

Standard status Active
Lot size 125.00 Acres
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes
Listing Agency: Hilco Global
Listed By: Jonathan Cuticelli · License #N/A
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 6:07AM

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 Hilco Global

Investment Insights

Based on property information with market context.

The offering comprises approximately 125 acres of land positioned for immediate redevelopment, alongside existing improvements that can be retained or incorporated into a new plan. The assemblage includes an existing 20,000 SF office building on 1± acre (Parcel 2) and a separate 11,000 SF warehouse/office building on 2± acres (Parcel 3), along with additional acreage parcels that are individually identified for flexibility. Parcel 1 consists of 60± acres surrounding a lagoon with river access, and Parcel 4 includes 23± acres with 6.8 buildable acres. Parcel 5 can be subdivided into additional parcels of more than 2 acres.

Ownership has invested more than $15 million into demolition, salvage, remediation, and infrastructure work. The seller also secured grant funding initiatives involving water and sewer, access roads, and increased telecom coverage through various local and state agencies, including the NH Department of Resources and Economic Development, USDA-Rural Development, U.S. Economic Development Administration, and Northern Border Regional Commission.

The site includes 100% ownership of a natural gas tap with distribution rights, and ownership of the power lines and poles. The property is located at 3 Mechanic Street, Groveton, NH, in the Coos County Census Tract, near the intersection of U.S. Route 3 and New Hampshire Route 110 and approximately one mile east of the NH/Vermont border.

Key Highlights

  • Industrial land package totaling approx. 125 AC at 3 Mechanic Street, Groveton, NH
  • Parcel 1: 60± AC surrounding lagoon with river access
  • Parcel 2: existing 20,000 SF office building on 1± AC

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Repair Shop Plumbing Service Kitchen & Bath Showroom Grocery & Convenience 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 03582, NH

2,337
Population
1,271
Households
1.8
Avg Household Size
49
Median Age
10%
College-Educated
92%
High-School Grad
82.4 sq mi
ZIP Area
28
Density / Sq Mi
$53,059
Median Household Income
$36,538
Median Earnings
$918
Median Rent
$117,000
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?
Industrial land - Industrial land package with existing office and warehouse buildings plus surrounding acreage prepared for redevelopment.
Where is this industrial land located?
The property is located at 3 Mechanic Street Groveton, NH.
What are key features of this property?
This property features: Industrial land package totaling approx. 125 AC at 3 Mechanic Street, Groveton, NH; Parcel 1: 60± AC surrounding lagoon with river access; Parcel 2: existing 20,000 SF office building on 1± AC
More about this property
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