Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    15 Newmarket Rd Durham, NH 03824

    Sponsored
    For Sale
    Contact for pricing

    Historic NH Restaurant, 3 Buildings, 37 Parking Spaces

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3-building property at 15 Newmarket Road, Durham, NH 03824, presents a unique investment opportunity. Built in 1900 and extensively renovated in 2023, this retail property currently houses a restaurant and mercantile, along with space for food trucks (leases transferable). The property also includes two private lodging suites available for short-term rentals. Offering 3 stories and 37 parking spaces, this prime location at the gateway to Durham and the University of New Hampshire provides excellent visibility and access. The property is being sold vacant, presenting a "turnkey" opportunity for an owner-operator in the restaurant or brewery industry. Alternatively, the property offers significant potential for redevelopment into an inn or hotel. The recent renovations create a seamless transition for the right investor, allowing immediate operation or customization to suit their vision. Located in Strafford County, this property boasts a rich history and a bright future, ready to welcome a new owner to continue its legacy or embark on a new chapter. The sale includes the existing food truck leases.

    Property Features for 15 Newmarket Rd

    General Information

    Property type
    Restaurants

    Building Details

    Year Built/Renovated
    1900/2023
    Buildings
    3
    Stories
    3

    HighLights

    • Turnkey restaurant or brewery opportunity.
    • Potential for inn/hotel redevelopment.
    • Recently renovated, turnkey condition.
    • Prime Durham location, near UNH and Seacoast.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Durham
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.9197098
    Latitude
    43.1325363

    Nearby Comparable

    • $2,695,000
      8,375 SF

      Durham Hospitality and Retail Opportunity

      Property with public house, food trucks, lodging, and development potential.
      15 Newmarket Rd, Durham, NH 03824
      View Details
    • $50,000
      8,500 SF

      Historic Newmarket Entertainment Venue

      Turnkey Business: Lease or JV Opportunity
      Newmarket, NH 03857
      View Details
    • $250,000

      Land For Sale Durham, NH

      Land available for purchase in Durham, New Hampshire.
      9 Young Dr, Durham, NH 03824
      View Details
    • $210,000

      Land For Sale Durham, NH

      Land available for purchase in Durham, New Hampshire.
      14 Young Dr, Durham, NH 03824
      View Details
    • $250,000

      Land For Sale

      Land available for sale in Durham, New Hampshire.
      10 Young Dr, Durham, NH 03824
      View Details
    • $2,200,000
      6,452 SF

      Downtown Durham Investment Opportunity

      Two fully occupied buildings totaling 6,452± SF on 0.27± acres.
      44-46 Main St, Durham, NH 03824
      View Details
    • $1,700,000
      5,840 SF

      Prime Retail Buildings on Main

      Two fully leased retail buildings in the heart of Durham.
      50-54 Main St, Durham, NH 03824
      View Details
    • Contact for pricing
      5,250 SF

      Durham Office Suite - 5250 SF

      Prime Durham office space, 1.75 acres, high visibility.
      44 Newmarket Rd, Durham, NH 03824
      View Details
    • $799,000
      3,285 SF

      Downtown Durham Retail/Development Opportunity

      Prime Durham location, redevelopment potential, 3,285 sq ft.
      3-7 Jenkins Ct, Durham, NH 03824
      View Details
    • $2,750,000

      Multifamily Investment Near UNH Campus

      Well-maintained multifamily buildings near UNH with student housing potential.
      275-279 Mast Rd, Durham, NH 03824
      View Details
    • $3,000,000

      116-Acre Land Parcel Opportunity

      Unique land parcel in Madbury and Durham, NH.
      Beech Hill Rd, Durham, NH 03824
      View Details

    Nearby Similar for Sale

    • $2,695,000
      8,375 SF

      Durham Hospitality and Retail Opportunity

      Property with public house, food trucks, lodging, and development potential.
      15 Newmarket Rd, Durham, NH 03824
      View Details
    • $2,200,000
      6,452 SF

      Downtown Durham Investment Opportunity

      Two fully occupied buildings totaling 6,452± SF on 0.27± acres.
      44-46 Main St, Durham, NH 03824
      View Details
    • $1,700,000
      5,840 SF

      Prime Retail Buildings on Main

      Two fully leased retail buildings in the heart of Durham.
      50-54 Main St, Durham, NH 03824
      View Details
    • $2,750,000

      Multifamily Investment Near UNH Campus

      Well-maintained multifamily buildings near UNH with student housing potential.
      275-279 Mast Rd, Durham, NH 03824
      View Details
    • $799,000
      3,285 SF

      Downtown Durham Retail/Development Opportunity

      Prime Durham location, redevelopment potential, 3,285 sq ft.
      3-7 Jenkins Ct, Durham, NH 03824
      View Details
    • Contact for pricing
      5,250 SF

      Durham Office Suite - 5250 SF

      Prime Durham office space, 1.75 acres, high visibility.
      44 Newmarket Rd, Durham, NH 03824
      View Details

    FAQs

    What type of property is this?
    Restaurant - Historic NH Restaurant, 3 Buildings, 37 Parking Spaces
    Where is this restaurant located?
    The property is located at 15 Newmarket Rd Durham, NH.
    What are key features of this property?
    This property features: Turnkey restaurant or brewery opportunity.; Potential for inn/hotel redevelopment.; Recently renovated, turnkey condition.
    Request Owner's contact information
    15 Newmarket Rd Durham, NH 03824
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15 Newmarket Rd
    Durham, NH 03824
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    15 Newmarket Rd Durham, NH 03824
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.