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Multi-Building Industrial Estate
For Sale
$1,100,000

29 Pearl Street, Newport, NH 03773

Industrial-focused estate with multiple buildings, office/workshop space, and commercial/industrial zoning in a business district setting.

Property SizeContact for details
Days on Market142

Property Features for 29 Pearl Street

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial/Industrial

Additional Details

Multifamily Units 2
Listing Agency: Angeli & Associates Real Estate
Listed By: Kristin Angeli
Source: Killingtonpicorealty
Added: Mar 18 Changed: Jul 10 Last Checked: Aug 6 at 3:28AM

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 Angeli & Associates Real Estate

Investment Insights

Based on property information with market context.

This for-sale commercial estate includes seven buildings across nine parcels, with both main structures and back acreage off Belknap Ave. The property features massive storage barns/buildings, a historic railroad barn, additional garage spaces, and an office building/workshop with potential for two apartments.

The estate spans between Pearl Street, Meadow Road, and Belknap Ave and is located next to the brand new Newport Recreational Complex. The asset is offered in a way that allows purchasers to buy properties individually, and prospective parties must have permission to walk the property.

With commercial/industrial zoning, this multi-building setup can support a range of warehouse, storage, and light industrial uses, while the existing office/workshop configuration may appeal to users looking for on-site workspace. The property’s railroad-era structures and mixed building types also give it flexibility for operators who want multiple spaces under one ownership footprint.

Key Highlights

  • Commercial estate formerly owned by the Boston and Maine Railroad; owned by the same family for 50 years
  • Includes 9 parcels and 7 buildings stretching between Pearl Street, Meadow Road, and Belknap Ave, with additional back acreage off Belknap Ave
  • Buildings include historic railroad barn, massive storage barns/buildings, additional garages space, and an office/workshop building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby
Balanced
Demand for This Use

Demographics for 03773, NH

7,801
Population
3,865
Households
2
Avg Household Size
46
Median Age
30%
College-Educated
93%
High-School Grad
94.2 sq mi
ZIP Area
83
Density / Sq Mi
$78,073
Median Household Income
$44,167
Median Earnings
$1,238
Median Rent
$210,600
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial-focused estate with multiple buildings, office/workshop space, and commercial/industrial zoning in a business district setting.
Where is this warehouse located?
The property is located at 29 Pearl Street Newport, NH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Commercial estate formerly owned by the Boston and Maine Railroad; owned by the same family for 50 years; Includes 9 parcels and 7 buildings stretching between Pearl Street, Meadow Road, and Belknap Ave, with additional back acreage off Belknap Ave; Buildings include historic railroad barn, massive storage barns/buildings, additional garages space, and an office/workshop building
More about this property
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