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15 Newmarket Rd Durham, NH 3824

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For Sale
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Multifamily redevelopment opportunity near the University of New Hampshire.

Type:Retail, Multifamily, Hospitality
Property size:
8,375 SF
Added:
Oct 15, 2024
Days on Market:
539
Last Refresh:
Mar 17 at 1:14 pm

Property Features for 15 Newmarket Rd

General Information

Standard status
Active
Size
8,375 SF
Property subtype
Retail, Multifamily, Hospitality

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Listing Contact
Christian Stallkamp

Listing agent Christian Stallkamp License #NH 064644

Listing office Boulos Company

Listing date Oct 15, 2024

Source Crexi

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 Boulos Company


Overview

Durham Multifamily Redevelopment Opportunity

Located at 15 Newmarket Road in Durham, New Hampshire, this property presents a redevelopment opportunity within the New Hampshire Seacoast region and the University of New Hampshire community. The site features three existing structures: a two-story main building with 7,175 square feet, the Salt Shed at approximately 576 square feet, and the Commissary building with public restrooms totaling approximately 624 square feet. Recent zoning amendments (Ordinance #2025-07) now permit multi-unit residential development by right, making the site suitable for redevelopment into multifamily housing. This repositioning is supported by strong demand in the area.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Durham
County
Strafford
State
New Hampshire
Longitude
-70.9196304
Latitude
43.1328707

FAQs

What type of property is this?
Commercial land - Multifamily redevelopment opportunity near the University of New Hampshire.
Where is this commercial land located?
The property is located at 15 Newmarket Rd Durham, NH.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Multifamily redevelopment opportunity by right due to recent zoning amendments.; Strategically located within the New Hampshire Seacoast and integrated into the University of New Hampshire community.; Strong demand for multifamily housing supports redevelopment potential.
More about this property
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