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Flex Space with Service Shop
New
For Sale
$550,000

730 NH Route 104, New Hampton, NH 03256

Commercial Sale, New Hampton, NH

Property Size2,400 SF
Lot Size2.19 Acres
Price / SF$229.17
Days on Market2

Property Features for 730 NH Route 104

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business Commercial
Parking features Driveway
Lot features Major Road Frontage, Open
Directions From I-93: Take Exit 23, RIGHT onto NH Rte 104. In 2.3 miles, property will be on the LEFT, across from Country Cottage Furniture. Look for sign.
Standard status Active
Lot size 2.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4104

Utilities

Heating system Hot Water(Heating), Oil
Water source Well

Amenities

Show Room/Retail Area
Office
Utility Room
Shop
Overhead Garage Door
3 Phase Power
1/2 Bath
Paved Parking Lot

Building Details

Year built 2005
Building materials Wood Frame
Roof type Metal
Listing Agency: Old Mill Properties REALTORS
Listed By: Lorna Platts Sirois · License #067572
Added: Oct 9 Last Checked: Oct 10 at 10:06AM
MLS# 5113633

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2005, the wood-frame flex property contains 2,400 square feet of finished space in a 40-by-60-foot building. Its layout includes a showroom and retail area, an office, a utility room, a shop, and a half bath. The shop has an overhead garage door wired for three-phase power. The building has a metal roof, oil-fired hot-water heat, and well water. The sale covers the real estate only; the business, equipment, and trade fixtures are excluded.

The 2.19-acre property has 391 feet of frontage on NH Route 104, an east-west corridor connecting I-93 with the Lakes Region and Mt. Washington Valley. Reported traffic counts range from 12,000 to 18,000 cars per day, and Meredith is approximately 10 minutes away. A paved parking area accommodates 10 or more vehicles.

Key Highlights

  • 2,400 sq. ft. of finished space in a 40'X60' building
  • 2.19+/- acres with 391 Feet of frontage on NH Route 104
  • Traffic counts range from 12,000 - 18,000 cars per day

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,274
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,480 $565.5K
Cap Rate 7%
$403,914 $403.9K
Cap Rate 9%
$314,156 $314.2K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$43.2K $18.00/SF
− Vacancy
−$2.8K −$1.17/SF
EGI
$40.4K $16.83/SF
− OpEx
−$12.1K −$5.05/SF
NOI
$28.3K $11.78/SF
Area
Belknap County, NH
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,480
Cap Rate 7%
$403,914
Cap Rate 9%
$314,156

Alternative Uses

Best Use
Retail
$403.9K
$353.4K – $471.2K (±1% cap)
NOI $28,274 @ 7.0% cap · market cap 5.14%
Second Best
Flex RnD
$392.8K
$343.7K – $458.3K (±1% cap)
NOI $27,496 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$570.7K
$499.4K – $665.9K (±1% cap)
NOI $39,951 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods Grocery & Convenience Store Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 03256, NH

2,373
Population
1,032
Households
2.3
Avg Household Size
49
Median Age
34%
College-Educated
95%
High-School Grad
36.8 sq mi
ZIP Area
64
Density / Sq Mi
$83,804
Median Household Income
$37,274
Median Earnings
$1,125
Median Rent
$363,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Showroom, office, utility room, shop, and half bath provide a mix of customer-facing and work areas.
Where is this flex space located?
The property is located at 730 NH Route 104 New Hampton, NH.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,400 sq. ft. of finished space in a 40'X60' building; 2.19+/- acres with 391 Feet of frontage on NH Route 104; Traffic counts range from 12,000 - 18,000 cars per day
More about this property
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