Flex Space with Heated
19 Colonial Way, Barrington, NH 03825
For Sale
New
$1,950,000
Commercial Sale, Barrington, NH
Property Size9,066 SF
Lot Size4.07 Acres
Price / SF$215.09
Days on Market2
Property Features for 19 Colonial Way
General Information
Property type
Property subtype
Zoning
Zoning description
Parking features
Lot features
Standard status
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
Compass New England, LLC
(603) 319-4660
Listed By:
Amy Turner
(603) 540-5661
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 5117688
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.
Investment Insights
Based on property information with market context.
Built in 2020, this flex property comprises two steel-frame buildings totaling approximately 9,066 square feet on 4.07 acres. The primary building contains about 7,866 square feet, including a 6,000-square-foot first-floor footprint and a finished 1,866-square-foot walk-up mezzanine. Its layout includes approximately 3,732 square feet of finished office space and 4,134 square feet of open shop or manufacturing area. Office features include bullpen workspace, private offices, a conference room, kitchen, and two restrooms. The insulated shop has 20-foot eaves, a 22- to 23-foot peak, two 14-foot overhead doors, and front and rear pedestrian entrances.
A detached 1,200-square-foot, two-bay heated garage adds two 12-foot overhead doors and a separate pedestrian entrance. Building systems include forced-air propane heat, central air conditioning, and supplemental electric mini-split systems. The property has well water and a metal roof.
A detached 1,200-square-foot, two-bay heated garage adds two 12-foot overhead doors and a separate pedestrian entrance. Building systems include forced-air propane heat, central air conditioning, and supplemental electric mini-split systems. The property has well water and a metal roof.
Key Highlights
- Two steel‑frame buildings totaling approximately 9,066 square feet on 4.07 acres
- Primary building offers 3,732 square feet of finished office space and 4,134 square feet of shop area
- Insulated shop features 20‑foot eaves, a 22- to 23‑foot peak, and two 14‑foot overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,341
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,466,820
$2.5M
Cap Rate 7%
$1,762,014
$1.8M
Cap Rate 9%
$1,370,456
$1.4M
Market Conditions
NOI Build-Up for 9,066 SF
Gross rent
$206.7K $22.80/SF
− Vacancy
−$16.9K −$1.87/SF
EGI
$189.8K $20.93/SF
− OpEx
−$66.4K −$7.33/SF
NOI
$123.3K $13.60/SF
Area
Strafford County, NH
Vacancy
8.20%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,466,820
Cap Rate 7%
$1,762,014
Cap Rate 9%
$1,370,456
Alternative Uses
Best Use
Flex RnD
$1.76M
$1.54M – $2.06M
NOI $123,341 @ 7.0% cap · market cap 6.33%
Second Best
Industrial
$1.39M
$1.22M – $1.62M
NOI $97,462 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M
NOI $169,781 @ 7.0% cap · market cap 8.71%
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
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03825, NH
9,326
Population
3,550
Households
2.6
Avg Household Size
42
Median Age
44%
College-Educated
97%
High-School Grad
46.9 sq mi
ZIP Area
199
Density / Sq Mi
$99,706
Median Household Income
$51,584
Median Earnings
$1,737
Median Rent
$349,500
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
Frequently Asked Questions
What type of property is this?
Flex space - Office, shop, and manufacturing areas are complemented by a separate heated garage on a 4.07-acre site.
Where is this flex space located?
The property is located at 19 Colonial Way Barrington, NH.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two steel‑frame buildings totaling approximately 9,066 square feet on 4.07 acres; Primary building offers 3,732 square feet of finished office space and 4,134 square feet of shop area; Insulated shop features 20‑foot eaves, a 22- to 23‑foot peak, and two 14‑foot overhead doors
