This exceptional commercial property in Hillsborough, NH, presents a compelling investment opportunity. Encompassing 45,000 to 70,519 square feet across three buildings, this Class B industrial complex boasts 11 versatile units ideal for a variety of uses. Built in 1966 and renovated in 1988, the property features 20-foot ceilings, concrete floors, and ample three-phase power. Loading docks, receiving bays, and 247+ parking spaces cater to efficient operations and customer convenience. Recent upgrades include a forced hot air/waste oil furnace, multiple lifts, and a commercial exhaust system. The property sits on a 4.8-acre lot with 586 feet of frontage on W Main Street, zoned COMM-WS, allowing for diverse commercial applications. Currently 91.11% occupied, generating a strong NOI of $253,561 and a 7.46% cap rate, this property offers significant potential for growth and redevelopment. The asking price is $3,400,000, with a price per unit of $309,090.91. The property's features make it suitable for various businesses, including automotive, retail, light manufacturing, distribution, and more. Potential buyers are responsible for conducting their own due diligence regarding square footage.
Highlights
45,000 - 70,519 SF of Class B industrial space in Hillsborough, NH, across three buildings.
11 versatile units, ideal for various uses.
Built in 1966, renovated in 1988, featuring 20-foot ceilings, concrete floors, and three-phase power.
Zoned COMM-WS, offering diverse commercial applications.
Prime Hillsborough location with 586 feet of frontage on W Main Street.
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Contacts
Kristine LaPorte
TJ Potter
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166 Main St, Hillsborough, New Hampshire, 03244
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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166 Main St
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