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    Free-Standing Flex Retail/Office Building Title is generated by Realmo AI

    275 Calef Highway, Epping, NH 03042

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    Claim this Listing
    For Sale
    $725,000

    Versatile free-standing building with retail and workshop areas, large double doors, and a second-floor office for owner-users.

    Type:Commercial
    Property size:
    3,180 SF
    Price / SF:
    $227/SF
    Added:
    Aug 6, 2025
    Days on Market:
    314
    Last Refresh:
    Jun 13 at 3:36 am

    Property Features for 275 Calef Highway

    General Information

    Standard status
    Active
    Size
    3,180 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Listing Contact
    Deana Arden

    Listing agent Deana Arden

    Listing office NAI Norwood Group

    Listing date Aug 6, 2025

    Source Harborlightrealty

    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

    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
    • Currently operating as a specialty retail store for gemstones, beads, and jewelry‑making supplies
    • Served by private water and septic systems; town utilities available at the street for future connection
    • HC (Highway Commercial) zoning supports a variety of uses, including retail, office, light industrial, or mixed‑use

    Overview

    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.

    Local 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 (±1% cap)
    NOI $54,590 @ 7.0% cap · market cap 7.53%
    Second Best
    Retail
    $642.2K
    $562.0K – $749.3K (±1% cap)
    NOI $44,956 @ 7.0% cap · market cap 6.20%
    Theoretical Best
    Office A
    $1.06M
    $926.4K – $1.24M (±1% cap)
    NOI $74,110 @ 7.0% cap · market cap 10.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Just Beading Around (Bike/Boat/Book/etc) Store Santerre's Stones 'n ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Epping
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.0623085
    Latitude
    43.0427197

    FAQs

    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
    More about this property
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