Signalized Corner Commercial
415 Emerson Avenue Hampstead, NH 03841
415 Emerson Avenue, Hampstead, NH, 03841
$1,200,000
For Sale
$1,200,000
Commercial property with a 3,200± SF building, newly paved parking, and ample lot size at a lighted intersection.
Property Size3,200 SF
Lot Size1.08 Acres
Price / SF$375
Days on Market55
Property Features for 415 Emerson Avenue
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 1.08 Acres
Building Details
- Year Built
- 1960
Listing agency
Citylight Homes, LLC
(978) 758-3688
Listed by
Stephan Coufos · License #596510593
(978) 758-3688
Source
Laerrealty
Added: May 29 Updated: Jul 21 at 10:07PM Checked: Jul 21 at 10:07PM
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 Citylight Homes, LLC
Investment Insights
Based on property information with market context.
This for-sale commercial property is situated on a signalized corner and includes a 3,200± square foot building on a 1.08-acre site. The property features newly paved parking areas and the surrounding lot provides ample space for parking and circulation.
The site is located along a state highway at a lighted intersection, offering strong visibility and convenient access. It is positioned within a flexible C-2 Commercial Zone and supports a broad range of retail, service, commercial, automotive, industrial, and professional uses. Permitted uses referenced include retail shops, restaurants, banks, professional offices, schools/daycare, automotive sales and service facilities, contractor and trade shops, and veterinary and animal care facilities.
An additional opportunity may be available to acquire an abutting parcel separately offered, which would allow for a larger combined site should an expansion or redevelopment plan be considered.
The site is located along a state highway at a lighted intersection, offering strong visibility and convenient access. It is positioned within a flexible C-2 Commercial Zone and supports a broad range of retail, service, commercial, automotive, industrial, and professional uses. Permitted uses referenced include retail shops, restaurants, banks, professional offices, schools/daycare, automotive sales and service facilities, contractor and trade shops, and veterinary and animal care facilities.
An additional opportunity may be available to acquire an abutting parcel separately offered, which would allow for a larger combined site should an expansion or redevelopment plan be considered.
Key Highlights
- 1.08‑acre commercial site with a 3,200± SF building built in 1960
- Signalized corner location on Route 111 along a lighted intersection on a state highway
- Newly paved parking areas with ample parking and onsite circulation
Local Financial Insights For Retail
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 | $69.1k | $21.60 |
| − Vacancy | −$4.5k | −$1.40 |
| EGI | $64.6k | $20.20 |
| − OpEx | −$19.4k | −$6.06 |
| NOI | $45.2k | $14.14 |
3,200 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$646.3K
$565.5K – $754.0K
NOI $45,239 @ 7.0% cap · market cap 3.77%
Second Best
Flex RnD
$523.9K
$458.5K – $611.3K
NOI $36,676 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$1.07M
$932.2K – $1.24M
NOI $74,576 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Commercial property with a 3,200± SF building, newly paved parking, and ample lot size at a lighted intersection.
Where is this flex space located?
The property is located at 415 Emerson Avenue Hampstead, NH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.08‑acre commercial site with a 3,200± SF building built in 1960; Signalized corner location on Route 111 along a lighted intersection on a state highway; Newly paved parking areas with ample parking and onsite circulation
