Retail Redevelopment Building with
For Sale
$1,850,000
360 Summer Street, Bristol, NH 03222
Former Rite Aid building with ample on-site parking and Village Commercial zoning for flexible commercial redevelopment.
Property Size11,201 SF
Price / SF$165.16
Days on Market216
Property Features for 360 Summer Street
General Information
Standard status
Active
Size
11,201 SF
Property subtype
Commercial
Zoning
Village Commercial
Building Details
Year Built
1998
Listing Agency:
Granite Group Realty Services
Listed By:
Margaret Duba
(603) 744-3004
Source:
Harborlightrealty
Added: Mar 8
Changed: Oct 7
Last Checked: Oct 10 at 12:53AM
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 Granite Group Realty Services
Investment Insights
Based on property information with market context.
This prominently positioned former Rite Aid retail property offers a solid foundation for redevelopment and a range of potential commercial uses. The existing building is suited to retail, medical, professional office, fitness, community services, restaurant, or mixed-use concepts, supported by Village Commercial zoning flexibility. The site includes a sizeable lot and ample on-site parking, along with prominent signage opportunities.
Located in the heart of Bristol, along Route 104, the property benefits from exceptional frontage and convenient access to Newfound Lake, downtown Bristol, Plymouth, and Interstate 93. The surrounding business presence includes Dunkin’ and LaValley Building Supply, supporting an established retail corridor.
Located in the heart of Bristol, along Route 104, the property benefits from exceptional frontage and convenient access to Newfound Lake, downtown Bristol, Plymouth, and Interstate 93. The surrounding business presence includes Dunkin’ and LaValley Building Supply, supporting an established retail corridor.
Key Highlights
- Former Rite Aid commercial building built in 1998
- Located along Route 104 with prominent frontage for high‑visibility retail, medical, office, fitness, community services, or restaurant uses
- Village Commercial zoning offers flexibility for a wide range of commercial and mixed‑use redevelopment plans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,303
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,346,060
$3.3M
Cap Rate 7%
$2,390,043
$2.4M
Cap Rate 9%
$1,858,922
$1.9M
Market Conditions
NOI Build-Up for 11,201 SF
Gross rent
$241.9K $21.60/SF
− Vacancy
−$18.9K −$1.68/SF
EGI
$223.1K $19.92/SF
− OpEx
−$55.8K −$4.98/SF
NOI
$167.3K $14.94/SF
Area
Grafton County, NH
Vacancy
7.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,346,060
Cap Rate 7%
$2,390,043
Cap Rate 9%
$1,858,922
Alternative Uses
Best Use
Specialty Retail
$2.39M
$2.09M – $2.79M
NOI $167,303 @ 7.0% cap · market cap 9.04%
Second Best
Retail
$1.71M
$1.49M – $1.99M
NOI $119,398 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$2.46M
$2.16M – $2.87M
NOI $172,472 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03222, NH
5,743
Population
4,071
Households
1.4
Avg Household Size
50
Median Age
28%
College-Educated
90%
High-School Grad
71.3 sq mi
ZIP Area
81
Density / Sq Mi
$78,535
Median Household Income
$43,453
Median Earnings
$1,246
Median Rent
$256,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Thomas White — 360 Summer St, Bristol, NH 032223213
- Rite Aid Pharmacy — 360 Summer St, Bristol, NH 03222
Frequently Asked Questions
What type of property is this?
Drug store - Former Rite Aid building with ample on-site parking and Village Commercial zoning for flexible commercial redevelopment.
Where is this drug store located?
The property is located at 360 Summer Street Bristol, NH.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Former Rite Aid commercial building built in 1998; Located along Route 104 with prominent frontage for high‑visibility retail, medical, office, fitness, community services, or restaurant uses; Village Commercial zoning offers flexibility for a wide range of commercial and mixed‑use redevelopment plans
