Auto Shop Property with
For Sale
$999,000
65 Chester Rd, Raymond, NH 03077
C-1 zoning, adjoining acreage, and an existing auto sales operation support a flexible commercial setup.
Property Size2,728 SF
Lot Size4.05 Acres
Price / SF$366.20
Days on Market68
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Property Features for 65 Chester Rd
General Information
Standard status
Active
Size
2,728 SF
Lot size
4.05 Acres
Zoning
C-1
Additional Details
Business Included
Yes
Road Access
Yes
Land Use
commercial, residential
Amenities
garage
Building Details
Year Built
1750
Listing Agency:
Sue Padden Real Estate LLC
Listed By:
Shayna Padden
(603) 887-2792
Source:
Megansellsnh
Added: Aug 9
Changed: Oct 12
Last Checked: Oct 7 at 3:10PM
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 Sue Padden Real Estate LLC
Investment Insights
Based on property information with market context.
This Auto Shop property combines commercial improvements with an on-site residential component. The offering includes two adjoining lots totaling 4.05 acres, with the primary 2-acre parcel containing the main buildings and parking. A 14' x 30' insulated garage provides dedicated enclosed space, while the 1750 farmhouse contains 2,728 square feet, 3 bedrooms, and 1.5 baths. The residence can support live-work use or office conversion subject to required approvals.
Located at 63 & 65 Chester Road on Route 102 in Raymond, NH, the property includes an established 16-car licensed auto sales business. C-1 Commercial zoning, with town approval, permits consideration of uses including auto sales and repair, professional offices, bed and breakfast, and retail. The additional 2.05-acre lot provides further land for expansion, and 2010 engineering plans address potential additional buildings and parking.
Located at 63 & 65 Chester Road on Route 102 in Raymond, NH, the property includes an established 16-car licensed auto sales business. C-1 Commercial zoning, with town approval, permits consideration of uses including auto sales and repair, professional offices, bed and breakfast, and retail. The additional 2.05-acre lot provides further land for expansion, and 2010 engineering plans address potential additional buildings and parking.
Key Highlights
- Two adjoining lots total 4.05 acres, including a 2‑acre main parcel and an additional 2.05‑acre lot
- C‑1 Commercial zoning with town approval for auto sales and repair, offices, bed and breakfast, retail, and more
- Established 16‑car licensed auto sales business in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,830
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$936,600
$936.6K
Cap Rate 7%
$669,000
$669.0K
Cap Rate 9%
$520,333
$520.3K
Market Conditions
NOI Build-Up for 2,728 SF
Gross rent
$72.0K $26.40/SF
− Vacancy
−$9.6K −$3.51/SF
EGI
$62.4K $22.89/SF
− OpEx
−$15.6K −$5.72/SF
NOI
$46.8K $17.17/SF
Area
Rockingham County, NH
Vacancy
13.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$936,600
Cap Rate 7%
$669,000
Cap Rate 9%
$520,333
Alternative Uses
Best Use
Office B
$669.0K
$585.4K – $780.5K
NOI $46,830 @ 7.0% cap · market cap 4.69%
Second Best
Retail
$550.9K
$482.1K – $642.8K
NOI $38,566 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$908.2K
$794.7K – $1.06M
NOI $63,576 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 03077, NH
10,684
Population
4,521
Households
2.4
Avg Household Size
44
Median Age
25%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
371
Density / Sq Mi
$92,002
Median Household Income
$48,544
Median Earnings
$1,380
Median Rent
$342,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Higher Level Motorsports — 75 Chester Rd, Raymond, NH 03077
Frequently Asked Questions
What type of property is this?
Auto shop - C-1 zoning, adjoining acreage, and an existing auto sales operation support a flexible commercial setup.
Where is this auto shop located?
The property is located at 65 Chester Rd Raymond, NH.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two adjoining lots total 4.05 acres, including a 2‑acre main parcel and an additional 2.05‑acre lot; C‑1 Commercial zoning with town approval for auto sales and repair, offices, bed and breakfast, retail, and more; Established 16‑car licensed auto sales business in place
