Retail Redevelopment Building with Parking

360 Summer Street Bristol, NH 03222

Claim this Listing
For Sale
$1,850,000

Former Rite Aid building with ample on-site parking and Village Commercial zoning for flexible commercial redevelopment.

Type:Commercial
Property size:
11,201 SF
Price / SF:
$165/SF
Added:
Jun 5, 2026
Days on Market:
37
Last Refresh:
Jul 11 at 2:16 am

Property Features for 360 Summer Street

General Information

Standard status
Active
Size
11,201 SF
Property subtype
Commercial

Building Details

Year Built
1998

Listing office Granite Group Realty Service's

Listing date Jun 5, 2026

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 Granite Group Realty Service's


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.

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

Local Financial Insights For Healthcare Medical

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 $282.3k $25.20
− Vacancy −$29.6k −$2.65
EGI $252.6k $22.55
− OpEx −$101.1k −$9.02
NOI $151.6k $13.53
11,201 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use
Specialty Retail
$2.39M
$2.09M – $2.79M (±1% cap)
NOI $167,303 @ 7.0% cap · market cap 9.04%
Second Best
Healthcare Medical
$2.17M
$1.89M – $2.53M (±1% cap)
NOI $151,576 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$2.46M
$2.16M – $2.87M (±1% cap)
NOI $172,472 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Auto Parts Store Dental Office Storage Facility Garden Center Real Estate Agency Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply Law Firm Bakery

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

Similar Off Market Nearby

  • Rite Aid Pharmacy — 360 Summer St, Bristol, NH 03222
  • Thomas White — 360 Summer St, Bristol, NH 032223213

FAQs

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
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