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Retail Space with Rear Receiving Access
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273 S River Road, Bedford, NH 03110

An adaptable interior includes select fixtures, a private restroom, and a separate rear service entrance.

Property Size10,802 SF
Price / SF$0.20
Days on Market46

Property Features for 273 S River Road

General Information

Standard status Active
Size 10,802 SF
Property subtype Commercial

Amenities

private restroom
rear shipping/receiving access

Building Details

Year Built 1966
Listing Agency: Keller Williams Realty-Metropolitan
Listed By: Michael Caouette · License #Michael Caouette
Source: Longviewcre
Added: Sep 16 Changed: Oct 28 Last Checked: Oct 28 at 3:31PM

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 Keller Williams Realty-Metropolitan

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Investment Insights

Based on property information with market context.

This 1,500-square-foot retail space at 273 S River Road in Bedford dates to 1966. Its open interior can accommodate a range of retail or office arrangements, with select fixtures in place and a private restroom. A rear entrance supports shipping and receiving access.

The property is minutes from major highways and shopping centers, with other established businesses in the surrounding area.

Key Highlights

  • Approximately 1,500 SF of retail or office space
  • Open interior layout with select fixtures remaining
  • Private restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$151,077
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,021,540 $3.0M
Cap Rate 7%
$2,158,243 $2.2M
Cap Rate 9%
$1,678,633 $1.7M
Market Conditions
NOI Build-Up for 10,802 SF
Gross rent
$233.3K $21.60/SF
− Vacancy
−$17.5K −$1.62/SF
EGI
$215.8K $19.98/SF
− OpEx
−$64.7K −$5.99/SF
NOI
$151.1K $13.99/SF
Area
Hillsborough County, NH
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,021,540
Cap Rate 7%
$2,158,243
Cap Rate 9%
$1,678,633

Alternative Uses

Best Use
Retail
$2.16M
$1.89M – $2.52M (±1% cap)
NOI $151,077 @ 7.0% cap · market cap 6,901.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$19.79M
$17.32M – $23.09M (±1% cap)
NOI $1,385,357 @ 7.0% cap · market cap 63,287.21%
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

Retail space

Suggested Use

Top Pick Hair Salon (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store Carpet & Flooring Store Nail Salon

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

678
Businesses Nearby
150k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 69% Home Improvements & Furnishings 24% Dining 6% Hotels & Casinos 1%
Target Superstores
103,356 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
36,191 visits/mo 0.4 miles
IHOP Dining
8,586 visits/mo 0.5 miles
Hampton Suites Inn in Bedford NH Hotels & Casinos
1,841 visits/mo 0.3 miles

Demographics for 03110, NH

23,322
Population
8,185
Households
2.8
Avg Household Size
44
Median Age
61%
College-Educated
97%
High-School Grad
32.8 sq mi
ZIP Area
711
Density / Sq Mi
$160,253
Median Household Income
$70,344
Median Earnings
$1,913
Median Rent
$582,000
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

Frequently Asked Questions

What type of property is this?
Retail space - An adaptable interior includes select fixtures, a private restroom, and a separate rear service entrance.
Where is this retail space located?
The property is located at 273 S River Road Bedford, NH.
What are key features of this property?
This property features: Approximately 1,500 SF of retail or office space; Open interior layout with select fixtures remaining; Private restroom
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