Building Details

Year built 2008

Building materials Wood Frame, Concrete Exterior, Metal Siding

Roof type Membrane

Listing Agency: Sue Padden Real Estate LLC

Listed By: Susan Padden Show Phone

Added: Sep 4 Changed: Oct 12 Last Checked: Oct 20 at 4:06AM

Report an Issue

MLS# 5108323

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Unit 11 at Commerce Park is a 2,100-square-foot flex property combining a front office area with open mezzanine space. The unit includes overhead doors measuring 14 feet, 200-amp three-phase electrical service, dual-zone air conditioning, and propane heat. Construction features include a wood frame, concrete exterior, metal siding, and a membrane roof. The property was built in 2008 and carries Industrial zoning.

The property is located at 17 Route 125 in Kingston, NH. Four parking spaces are allocated per unit. Association-maintained services include landscaping, snow removal, trash removal, water, and sewer, providing a defined operating framework for the commercial unit.

Key Highlights

• 2,100‑square‑foot flex unit with front office and open mezzanine
• 14‑foot overhead doors
• 200‑amp three‑phase electrical service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,752

Cap Rate

6.69%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$455,040 $455.0K

Cap Rate 7%

$325,029 $325.0K

Cap Rate 9%

$252,800 $252.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,100 SF

Gross rent

$28.5K $13.56/SF

− Vacancy

−$1.7K −$0.81/SF

EGI

$26.8K $12.75/SF

− OpEx

−$4.0K −$1.91/SF

NOI

$22.8K $10.83/SF

Area

Hillsborough County, NH

Vacancy

6.00%

Lease Rate

$13.56 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$455,040

Cap Rate 7%

$325,029

Cap Rate 9%

$252,800

Alternative Uses

Best Use

Warehouse

$325.0K

$284.4K – $379.2K (±1% cap)

NOI $22,752 @ 7.0% cap · market cap 6.69%

Second Best

Industrial

$257.2K

$225.0K – $300.1K (±1% cap)

NOI $18,003 @ 7.0% cap · market cap 5.30%

Theoretical Best

Specialty Retail

$3.85M

$3.37M – $4.49M (±1% cap)

NOI $269,325 @ 7.0% cap · market cap 79.24%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Electrical Service Real Estate Agency Grocery & Convenience Store Kitchen & Bath Showroom Auto Parts 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

Utilities to site

Location Intelligence

Trade Area within ½ mile

87

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 03048, NH

3,353

Population

1,560

Households

2.1

Avg Household Size

46

Median Age

23%

College-Educated

86%

High-School Grad

28.3 sq mi

ZIP Area

118

Density / Sq Mi

$90,938

Median Household Income

$47,372

Median Earnings

$1,199

Median Rent

$275,000

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Similar For Sale Nearby

See more

Flex Space with Mezzanine

11-17 Route 125, Kingston, NH 03848

$339,900

2,100 SF

View details

Industrial Condo with Two Drive-Thru Doors

34 Route 125 Unit 15, Kingston, NH 03848

Contact for pricing

2,500 SF

View details

Two-Story Mixed-Use Property

14 Church Street, Kingston, NH 03848

$749,900

3,063 SF

View details

Anchored Shopping Center

53 Church St, Kingston, NH 03848

$8,120,000

51,926 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - Industrial-zoned unit with office space, an open mezzanine, overhead doors, and dedicated parking.

Where is this flex space located?

The property is located at 17 Route 125 Kingston, NH.

What is the asking price?

The asking price for this property is $339,900.

What are key features of this property?

This property features: 2,100‑square‑foot flex unit with front office and open mezzanine; 14‑foot overhead doors; 200‑amp three‑phase electrical service