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    Versatile Commercial Property with Licenses Title is generated by Realmo AI

    148 Plaistow Rd, Plaistow, NH 03865

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    For Sale
    $1,700,000

    7,600+ sq ft property with valuable transferable licenses.

    Type:Commercial
    Property size:
    7,600 SF
    Lot size:
    1.90 Acres
    Price / SF:
    $223/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 5:49 pm

    Property Features for 148 Plaistow Rd

    General Information

    Standard status
    Active
    Size
    7,600 SF
    Lot size
    1.90 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1955

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    Joe Zingales

    Listing office

    Listing date Mar 10, 2026

    Source Elliman

    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 Joe Zingales

    HighLights

    • 7,600+ sq ft commercial property on 1.90 acres.
    • High‑visibility location on a state highway with heavy traffic.
    • Large parking area with space for over 70 vehicles.
    • Transferable liquor license included.
    • Transferable live entertainment license included.
    • Less than 15 minutes from the commuter rail and under an hour from Manchester Airport.

    Overview

    This commercial property, situated on a high-visibility state highway, offers significant potential. The property includes over 7,600 square feet of space on a 1.90-acre lot. The main level previously functioned as an entertainment venue, while the attached office building is ready for customization. The site includes a transferable live entertainment license and a transferable liquor license. Approval for a kitchen license is pending minor installations. Parking is available for over 70 vehicles, making it suitable for events, hospitality, or mixed-use redevelopment. Located less than 15 minutes from the commuter rail and under an hour from Manchester Airport, the property offers accessibility and visibility.

    Local Financial Insights For Specialty 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 $197.9k $26.04
    − Vacancy −$5.1k −$0.68
    EGI $192.8k $25.36
    − OpEx −$48.2k −$6.34
    NOI $144.6k $19.02
    7,600 SF · lease $26.04/SF/yr · vacancy 2.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.07M
    $1.81M – $2.41M (±1% cap)
    NOI $144,569 @ 7.0% cap · market cap 8.50%
    Second Best
    Retail
    $1.53M
    $1.34M – $1.79M (±1% cap)
    NOI $107,443 @ 7.0% cap · market cap 6.32%
    Theoretical Best
    Office A
    $2.53M
    $2.21M – $2.95M (±1% cap)
    NOI $177,118 @ 7.0% cap · market cap 10.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Paula A. Oliveira, LICSW Physician heidi mahoney - re/max ... Real Estate Agency

    Suggested Use

    Restaurant Pharmacy Law Firm Building Supply Food Market Grocery & Convenience Store Cafe & Coffee Shop Department Store Bakery Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plaistow
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.1067
    Latitude
    42.8463

    FAQs

    What type of property is this?
    Retail property - 7,600+ sq ft property with valuable transferable licenses.
    Where is this retail property located?
    The property is located at 148 Plaistow Rd Plaistow, NH.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 7,600+ sq ft commercial property on 1.90 acres.; High‑visibility location on a state highway with heavy traffic.; Large parking area with space for over 70 vehicles.
    More about this property
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