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    9 Old State Rd Belmont, NH 03220

    For Sale
    $950,000

    High-traffic retail space, vacant, 11,472 sq ft.

    Property size:
    11,472 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11,472 square foot retail building, located at 9 Old State Road in Belmont, New Hampshire, presents a remarkable redevelopment opportunity. Situated on a 1.74-acre lot at the entrance to the Belknap Marketplace, this two-story property boasts excellent visibility and high traffic counts, averaging approximately 20,000 vehicles daily. Originally constructed in 1979, the building features a spacious, open floor plan, complemented by smaller offices, a secure bank vault, and a convenient drive-thru window. The lower level offers a substantial 6,293 square foot basement, currently unfinished but easily convertible into additional office space or storage, and includes two restrooms. The exterior is well-maintained and landscaped, enhanced by two drive-thru lanes. The asking price for this vacant property is $950,000. Its prime location and substantial size make it an ideal candidate for a variety of commercial uses. The property includes two parking spaces. This is a rare opportunity to acquire a high-visibility retail space in a thriving New Hampshire community.

    Property Features for 9 Old State Rd

    General Information

    Property type
    Retail properties
    Square Feet
    11,472 SF
    Lot Size
    75,794 SF

    Building Details

    Year Built
    1979
    Stories
    2

    HighLights

    • High visibility and strong traffic counts on Dwight Highway.
    • Redevelopment potential.
    • Excellent location near Belknap Marketplace.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.4937173
    Latitude
    43.5140848

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, vacant, 11,472 sq ft.
    Where is this retail property located?
    The property is located at 9 Old State Rd Belmont, NH.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: High visibility and strong traffic counts on Dwight Highway.; Redevelopment potential.; Excellent location near Belknap Marketplace.
    (603) 845-2500
    Request Owner's contact information
    9 Old State Rd Belmont, NH 03220
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    Belmont, NH 03220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 Old State Rd Belmont, NH 03220
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