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Retail Space with Mezzanine
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22 Arthur Salem Way, Lincoln, NH 03251

Two units are available, each with an office, three-quarter bath, and on-site parking.

Property Size4,800 SF
Price / SF$0.46
Days on Market74

Property Features for 22 Arthur Salem Way

General Information

Standard status Active
Size 4,800 SF
Property subtype Commercial

Amenities

on-site parking
mezzanine
three-quarter bath

Building Details

Year Built 2026
Listing Agency: Bel Casa Realty
Listed By: Steve Zalla · License #Steve Zalla
Source: Longviewcre
Added: Aug 21 Changed: Nov 1 Last Checked: Oct 29 at 2:52PM

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 Bel Casa Realty

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

Investment Insights

Based on property information with market context.

Construction is underway on retail space at The Lincoln Shops, with two units available. Each space includes a 12-by-15-foot office, a three-quarter bath, and a mezzanine. On-site parking serves the property, and the layout can accommodate a range of retail or service uses.

The property is in Lincoln, near major highways and established businesses, with residential and commercial construction in the surrounding area. South Peak Resort and Loon Mountain Resort are nearby in New Hampshire’s White Mountains.

Key Highlights

  • Two retail units available at The Lincoln Shops
  • 12‑by‑15‑foot office in each unit
  • Three‑quarter bath and mezzanine

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,166
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,023,320 $1.0M
Cap Rate 7%
$730,943 $730.9K
Cap Rate 9%
$568,511 $568.5K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$77.8K $16.20/SF
− Vacancy
−$4.7K −$0.97/SF
EGI
$73.1K $15.23/SF
− OpEx
−$21.9K −$4.57/SF
NOI
$51.2K $10.66/SF
Area
Grafton County, NH
Vacancy
6.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,023,320
Cap Rate 7%
$730,943
Cap Rate 9%
$568,511

Alternative Uses

Best Use
Retail
$730.9K
$639.6K – $852.8K (±1% cap)
NOI $51,166 @ 7.0% cap · market cap 2,325.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$923.9K – $1.23M (±1% cap)
NOI $73,910 @ 7.0% cap · market cap 3,359.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 03251, NH

1,631
Population
2,722
Households
0.6
Avg Household Size
53
Median Age
42%
College-Educated
90%
High-School Grad
66.3 sq mi
ZIP Area
25
Density / Sq Mi
$65,990
Median Household Income
$35,683
Median Earnings
$972
Median Rent
$312,000
Median Home Value

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

Frequently Asked Questions

What type of property is this?
Retail space - Two units are available, each with an office, three-quarter bath, and on-site parking.
Where is this retail space located?
The property is located at 22 Arthur Salem Way Lincoln, NH.
What are key features of this property?
This property features: Two retail units available at The Lincoln Shops; 12‑by‑15‑foot office in each unit; Three‑quarter bath and mezzanine
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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