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Flex Space with Workshop
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17 Route 125, Kingston, NH 03848

Office and customer-facing space at the front pairs with a rear garage-workshop area and an upstairs mezzanine.

Property Size2,400 SF
Price / SF$1.08
Days on Market56

Property Features for 17 Route 125

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 4
Property subtype Commercial

Building Details

Year Built 2008
Listing Agency: Century 21 Lifestyles
Listed By: Kara Carrier · License #Kara Carrier
Source: Longviewcre
Added: Sep 7 Changed: Oct 28 Last Checked: Oct 28 at 4:36PM

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 Century 21 Lifestyles

Rey
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Investment Insights

Based on property information with market context.

This 2,400-square-foot flex space, built in 2008, combines a front office or retail area with a rear garage and workshop. The garage door measures 12' x 15'. An upper-level mezzanine adds finished area for office, storage, or other business needs. The unit also has four parking spaces, a gas furnace, and central air conditioning.

The property is at 17 Route 125 in Kingston, New Hampshire, within Commerce Park Association and along Route 125. The space is vacant and immediately available.

Key Highlights

  • 2,400 square feet of flex space
  • Front office or retail area with rear garage and workshop
  • 12' x 15' garage door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,843
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,860 $296.9K
Cap Rate 7%
$212,043 $212.0K
Cap Rate 9%
$164,922 $164.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$22.8K $9.48/SF
− Vacancy
−$1.5K −$0.64/SF
EGI
$21.2K $8.84/SF
− OpEx
−$6.4K −$2.65/SF
NOI
$14.8K $6.18/SF
Area
Rockingham County, NH
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,860
Cap Rate 7%
$212,043
Cap Rate 9%
$164,922

Alternative Uses

Best Use
Flex RnD
$393.0K
$343.8K – $458.5K (±1% cap)
NOI $27,507 @ 7.0% cap · market cap 1,057.96%
Second Best
Industrial
$212.0K
$185.5K – $247.4K (±1% cap)
NOI $14,843 @ 7.0% cap · market cap 570.88%
Theoretical Best
Office A
$799.0K
$699.2K – $932.2K (±1% cap)
NOI $55,932 @ 7.0% cap · market cap 2,151.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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.

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby
Well-served
Demand for This Use

Demographics for 03848, NH

6,202
Population
2,796
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
19.8 sq mi
ZIP Area
313
Density / Sq Mi
$103,665
Median Household Income
$53,231
Median Earnings
$1,382
Median Rent
$442,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Office and customer-facing space at the front pairs with a rear garage-workshop area and an upstairs mezzanine.
Where is this flex space located?
The property is located at 17 Route 125 Kingston, NH.
What are key features of this property?
This property features: 2,400 square feet of flex space; Front office or retail area with rear garage and workshop; 12' x 15' garage door
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