Flex Space with
For Sale
Contact for pricing
Pending
177 NH Route 104, Meredith, NH 03253
Multiple areas can be configured for separate occupancy or combined use, with showroom, office, warehouse, and garage space.
Property Size21,000 SF
Lot Size4.17 Acres
Days on Market76
Property Features for 177 NH Route 104
General Information
Standard status
Pending
Size
21,000 SF
Lot size
4.17 Acres
Property subtype
Commercial
Zoning
Business and Industrial District
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
7,580 SF
Office Build-Out
688 SF
Building Details
Year Built
2010
Building Size
21,000 SF
Listing Agency:
Roche Realty Group
(603) 279-7046
Listed By:
Amanda McDonald · License #Amanda R McDonald
(603) 707-0739
Source:
Longviewcre
Added: Aug 18
Changed: Oct 29
Last Checked: Oct 28 at 1:41PM
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 Roche Realty Group
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Investment Insights
Based on property information with market context.
This flex property in Meredith contains several functional areas that can be leased separately or together. The approximately 4,410-square-foot showroom has display windows, a front desk, and a gas fireplace; nearby are approximately 688 square feet of office space, a kitchen, and bathrooms. The main-level garage and warehouse spans 7,580 square feet and includes a loading dock and two 10-foot overhead doors. An additional lower-level area of approximately 8,000 square feet offers garage, workshop, and storage space, three overhead doors, and exterior access.
The property occupies three adjoining lots totaling approximately 4.17 acres, with 536 feet of frontage on NH Route 104 and parking on site. The route carries approximately 15,000 vehicles per day and connects Interstate 93 with Meredith and the Lakes Region. A snowmobile trail is directly accessible from the property. The site is in Meredith’s Business and Industrial District; additional land may support outdoor storage or expansion, subject to applicable approvals.
The property occupies three adjoining lots totaling approximately 4.17 acres, with 536 feet of frontage on NH Route 104 and parking on site. The route carries approximately 15,000 vehicles per day and connects Interstate 93 with Meredith and the Lakes Region. A snowmobile trail is directly accessible from the property. The site is in Meredith’s Business and Industrial District; additional land may support outdoor storage or expansion, subject to applicable approvals.
Key Highlights
- Three adjoining lots totaling approximately 4.17 acres, with 536' of frontage on NH Route 104
- Approximately 4,410 sf showroom with display windows, front desk, and gas fireplace
- 7,580 sf main‑level garage and warehouse with loading dock and two 10‑foot overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,126
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,822,520
$3.8M
Cap Rate 7%
$2,730,371
$2.7M
Cap Rate 9%
$2,123,622
$2.1M
Market Conditions
NOI Build-Up for 21,631 SF
Gross rent
$292.0K $13.50/SF
− Vacancy
−$19.0K −$0.88/SF
EGI
$273.0K $12.62/SF
− OpEx
−$81.9K −$3.79/SF
NOI
$191.1K $8.84/SF
Area
Belknap County, NH
Vacancy
6.50%
Lease Rate
$13.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,822,520
Cap Rate 7%
$2,730,371
Cap Rate 9%
$2,123,622
Alternative Uses
Best Use
Retail
$3.64M
$3.19M – $4.25M
NOI $254,835 @ 7.0% cap · market cap 1,960.27%
Second Best
Flex RnD
$3.54M
$3.10M – $4.13M
NOI $247,819 @ 7.0% cap · market cap 1,906.30%
Theoretical Best
Office A
$5.14M
$4.50M – $6.00M
NOI $360,078 @ 7.0% cap · market cap 2,769.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03253, NH
6,558
Population
5,111
Households
1.3
Avg Household Size
54
Median Age
44%
College-Educated
97%
High-School Grad
37.5 sq mi
ZIP Area
175
Density / Sq Mi
$69,808
Median Household Income
$40,587
Median Earnings
$1,230
Median Rent
$444,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Multiple areas can be configured for separate occupancy or combined use, with showroom, office, warehouse, and garage space.
Where is this flex space located?
The property is located at 177 NH Route 104 Meredith, NH.
What are key features of this property?
This property features: Three adjoining lots totaling approximately 4.17 acres, with 536' of frontage on NH Route 104; Approximately 4,410 sf showroom with display windows, front desk, and gas fireplace; 7,580 sf main‑level garage and warehouse with loading dock and two 10‑foot overhead doors
