Freestanding Bank Branch
581 Franklin Pierce Hwy Barrington, NH 03825
581 Franklin Pierce Hwy, Barrington, NH, 03825
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For Sale
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Freestanding 2,145 SF former bank branch with private offices, kitchenette, multiple restrooms, and two covered drive-thru lanes.
Property Size2,145 SF
Lot Size1.49 Acres
Price / SF$396.27
Days on Market174
Property Features for 581 Franklin Pierce Hwy
General Information
- Standard status
- Active
- Size
- 2,145 SF
- Lot size
- 1.49 Acres
- Property subtype
- RETAIL
Properties For Sale
at 581 Franklin Pierce Hwy Contact us
Listing agency
Colliers
(603) 703-5617
Listed by
Cassandra Farley
(603) 703-5617
Source
Moodyscre
Added: Jan 28 Updated: Jul 21 at 3:17AM Checked: Jul 21 at 3:17AM
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 Colliers
Investment Insights
Based on property information with market context.
This freestanding former bank branch offers a functional mix of open space, private offices, a kitchenette, and multiple restrooms. The property totals 2,145± SF and sits on 1.49± acres, providing configuration flexibility for a range of commercial uses.
The building is positioned at a highly visible, signalized intersection and includes two covered drive-thru lanes along with 22± on-site parking spaces. It is located next to Burger King and Circle K, with Aroma Joe’s about 0.2± miles away.
With its drive-thru capability and dedicated office and support areas, the layout can accommodate uses across retail, office, financial services, or medical, subject to applicable approvals.
The building is positioned at a highly visible, signalized intersection and includes two covered drive-thru lanes along with 22± on-site parking spaces. It is located next to Burger King and Circle K, with Aroma Joe’s about 0.2± miles away.
With its drive-thru capability and dedicated office and support areas, the layout can accommodate uses across retail, office, financial services, or medical, subject to applicable approvals.
Key Highlights
- 2,145± SF freestanding former bank branch on 1.49± acres at a highly visible, signalized intersection
- Functional layout with open space, private offices, a kitchenette, and multiple restrooms
- Two covered drive‑thru lanes plus 22± on‑site parking spaces
Local Financial Insights For Specialty 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 | $46.3k | $21.60 |
| − Vacancy | −$1.8k | −$0.82 |
| EGI | $44.6k | $20.78 |
| − OpEx | −$11.1k | −$5.19 |
| NOI | $33.4k | $15.58 |
2,145 SF · lease $21.60/SF/yr · vacancy 3.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$477.6K
$417.9K – $557.2K
NOI $33,429 @ 7.0% cap · market cap 3.93%
Second Best
Office B
$418.4K
$366.1K – $488.2K
NOI $29,291 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$573.9K
$502.1K – $669.5K
NOI $40,170 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Citizens
Bank
Citizens Bank ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Freestanding 2,145 SF former bank branch with private offices, kitchenette, multiple restrooms, and two covered drive-thru lanes.
Where is this bank located?
The property is located at 581 Franklin Pierce Hwy Barrington, NH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,145± SF freestanding former bank branch on 1.49± acres at a highly visible, signalized intersection; Functional layout with open space, private offices, a kitchenette, and multiple restrooms; Two covered drive‑thru lanes plus 22± on‑site parking spaces
