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Turnkey Auto Dealership Opportunity
For Sale
$399,995
Pending

187 Dover Rd, Chichester, NH 03258

High-visibility 0.92-acre commercial site on busy Route 4.

Property Size1,000 SF
Lot Size0.92 Acres
Days on Market338

Property Features for 187 Dover Rd

General Information

Standard status Pending
Size 1,000 SF
Lot size 0.92 Acres
Property subtype Commercial

Building Details

Building Size 1,000 SF
Year Built 1982
Units 1
Listing Agency: The Mullen Realty Group, LLC
Listed By: Connie Mullen
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 25 at 9:57AM

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 The Mullen Realty Group, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 0.92-acre commercial site is located on busy Route 4 in Chichester, New Hampshire, offering a turnkey auto dealership opportunity. The property benefits from high traffic, with over 18,000 cars passing by daily. The existing commercial site layout may reduce development time and costs. The location in a core commercial district of Chichester potentially allows for a variety of uses including retail, service, and office. Route 4 provides a steady flow of potential customers and excellent drive-by exposure. The property includes 10k in security cameras. This location is suited for entrepreneurs looking to expand, relocate, or launch a new business where visibility is paramount.

Key Highlights

  • High‑visibility location on busy Route 4 with over 18,000 cars per day.
  • Turnkey auto dealership opportunity with existing commercial site layout.
  • Located on .92 acres in a core commercial district.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,655
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,100 $233.1K
Cap Rate 7%
$166,500 $166.5K
Cap Rate 9%
$129,500 $129.5K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$18.0K $18.00/SF
− Vacancy
−$1.4K −$1.35/SF
EGI
$16.7K $16.65/SF
− OpEx
−$5.0K −$5.00/SF
NOI
$11.7K $11.66/SF
Area
Merrimack County, NH
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,100
Cap Rate 7%
$166,500
Cap Rate 9%
$129,500

Alternative Uses

Best Use
Retail
$166.5K
$145.7K – $194.3K (±1% cap)
NOI $11,655 @ 7.0% cap · market cap 2.91%
Second Best
Industrial
$108.4K
$94.8K – $126.4K (±1% cap)
NOI $7,586 @ 7.0% cap · market cap 1.90%
Theoretical Best
Office A
$260.4K
$227.8K – $303.8K (±1% cap)
NOI $18,227 @ 7.0% cap · market cap 4.56%
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

Trucks D Luxe Car Dealership

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Garden Center Butcher Hair Salon Cafe & Coffee Shop

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

74
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
15,718 visits/mo 0.5 miles

Demographics for 03258, NH

2,625
Population
1,097
Households
2.4
Avg Household Size
46
Median Age
37%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
124
Density / Sq Mi
$111,607
Median Household Income
$54,529
Median Earnings
$1,700
Median Rent
$360,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • New Hampshire Mobile Mechanics — 119 Dover Rd, Chichester, NH 03258
  • NHOU Advanced, Rust Protection — 169 Dover Rd, Chichester, NH 03258
  • NH Oil Undercoating inc — 169 Dover Rd, Chichester, NH 03258
  • RPW Slicklift — 258 Dover Rd, Chichester, NH 03258
  • Campers Inn RV of Chichester Service Center — 263 Dover Rd, Chichester, NH 03258

Frequently Asked Questions

What type of property is this?
Auto shop - High-visibility 0.92-acre commercial site on busy Route 4.
Where is this auto shop located?
The property is located at 187 Dover Rd Chichester, NH.
What is the asking price?
The asking price for this property is $399,995.
What are key features of this property?
This property features: High‑visibility location on busy Route 4 with over 18,000 cars per day.; Turnkey auto dealership opportunity with existing commercial site layout.; Located on .92 acres in a core commercial district.
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