Free-Standing Flex Retail/Office
For Sale
$725,000
275 Calef Highway, Epping, NH 03042
Versatile free-standing building with retail and workshop areas, large double doors, and a second-floor office for owner-users.
Property Size3,180 SF
Price / SF$227.99
Days on Market381
Property Features for 275 Calef Highway
General Information
Standard status
Active
Size
3,180 SF
Property subtype
Commercial
Zoning
HC
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1950
Listing Agency:
NAI Norwood Group
Listed By:
Deana Arden
(603) 763-4932
Source:
Harborlightrealty
Added: Jul 16, 2025
Changed: Jul 10
Last Checked: Jul 30 at 6:25PM
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 NAI Norwood Group
Investment Insights
Based on property information with market context.
This free-standing commercial property offers a flexible layout combining retail and workshop functionality on the main level, supported by large double doors for convenient access and operations. A second-floor office and storage area provide space for administrative functions, while the overall configuration supports a range of owner-user or multi-use business models. The property is currently operating as a specialty retail store for gemstones, beads, and jewelry-making supplies, and it may be available as a turn-key option with the existing business and inventory.
Located along Route 125 with approximately 275± feet of frontage, the site is positioned for strong roadway visibility and practical access. Easy connections are available to Route 101 (Exit 7) and I-95, supporting convenient customer and service travel. The property is served by private water and septic systems, and town utilities are available at the street for future connection. The site is zoned HC (Highway Commercial).
The HC zoning allows for a multitude of uses, including retail, office, light industrial, or mixed-use development, subject to local approvals. The building’s combination of storefront-ready space and flexible workshop/operational areas can support a variety of tenants or buyers seeking a property that can be adapted to meet day-to-day business needs. A buyer may also explore leasing portions of the space to generate supplemental income, subject to local approvals and utility setup.
Located along Route 125 with approximately 275± feet of frontage, the site is positioned for strong roadway visibility and practical access. Easy connections are available to Route 101 (Exit 7) and I-95, supporting convenient customer and service travel. The property is served by private water and septic systems, and town utilities are available at the street for future connection. The site is zoned HC (Highway Commercial).
The HC zoning allows for a multitude of uses, including retail, office, light industrial, or mixed-use development, subject to local approvals. The building’s combination of storefront-ready space and flexible workshop/operational areas can support a variety of tenants or buyers seeking a property that can be adapted to meet day-to-day business needs. A buyer may also explore leasing portions of the space to generate supplemental income, subject to local approvals and utility setup.
Key Highlights
- 3,180± SF free‑standing commercial building (year built 1950) with a flexible retail and workshop layout
- Approximately 275± ft of Route 125 frontage with access to Route 101 (Exit 7) and I‑95
- Includes large double doors, retail/workshop space, plus a second‑floor office and storage area
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.0k | $26.40 |
| − Vacancy | −$11.2k | −$3.51 |
| EGI | $72.8k | $22.89 |
| − OpEx | −$18.2k | −$5.72 |
| NOI | $54.6k | $17.17 |
3,180 SF · lease $26.40/SF/yr · vacancy 13.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$779.9K
$682.4K – $909.8K
NOI $54,590 @ 7.0% cap · market cap 7.53%
Second Best
Retail
$642.2K
$562.0K – $749.3K
NOI $44,956 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$1.06M
$926.4K – $1.24M
NOI $74,110 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 03042, NH
7,146
Population
3,170
Households
2.3
Avg Household Size
42
Median Age
34%
College-Educated
95%
High-School Grad
26.0 sq mi
ZIP Area
275
Density / Sq Mi
$101,354
Median Household Income
$58,115
Median Earnings
$2,019
Median Rent
$421,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Huntspoint Barbecue Catering — 114 Calef Hwy unit d, Epping, NH 03042
Frequently Asked Questions
What type of property is this?
Flex space - Versatile free-standing building with retail and workshop areas, large double doors, and a second-floor office for owner-users.
Where is this flex space located?
The property is located at 275 Calef Highway Epping, NH.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 3,180± SF free‑standing commercial building (year built 1950) with a flexible retail and workshop layout; Approximately 275± ft of Route 125 frontage with access to Route 101 (Exit 7) and I‑95; Includes large double doors, retail/workshop space, plus a second‑floor office and storage area
