Durham Multifamily Redevelopment
For Sale
Contact for pricing
15 Newmarket Rd, Durham, NH 03824
Multifamily redevelopment opportunity near the University of New Hampshire.
Property Size8,375 SF
Price / SF$297.91
Days on Market663
Property Features for 15 Newmarket Rd
General Information
Standard status
Active
Size
8,375 SF
Property subtype
Hospitality, Multifamily, Retail
Zoning
C
Listing Agency:
Boulos Company
(603) 427-1333
Listed By:
Christian Stallkamp · License #NH 064644
Source:
Crexi
Added: Oct 15, 2024
Changed: Aug 8
Last Checked: Jul 16 at 4:11AM
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 Boulos Company
Investment Insights
Based on property information with market context.
Located at 15 Newmarket Road in Durham, New Hampshire, this property presents a redevelopment opportunity within the New Hampshire Seacoast region and the University of New Hampshire community. The site features three existing structures: a two-story main building with 7,175 square feet, the Salt Shed at approximately 576 square feet, and the Commissary building with public restrooms totaling approximately 624 square feet. Recent zoning amendments (Ordinance #2025-07) now permit multi-unit residential development by right, making the site suitable for redevelopment into multifamily housing. This repositioning is supported by strong demand in the area.
Key Highlights
- Multifamily redevelopment opportunity by right due to recent zoning amendments.
- Strategically located within the New Hampshire Seacoast and integrated into the University of New Hampshire community.
- Strong demand for multifamily housing supports redevelopment potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 03824, NH
15,498
Population
3,884
Households
4
Avg Household Size
25
Median Age
78%
College-Educated
98%
High-School Grad
22.4 sq mi
ZIP Area
692
Density / Sq Mi
$126,658
Median Household Income
$7,978
Median Earnings
$1,432
Median Rent
$469,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Multifamily redevelopment opportunity near the University of New Hampshire.
Where is this commercial land located?
The property is located at 15 Newmarket Rd Durham, NH.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Multifamily redevelopment opportunity by right due to recent zoning amendments.; Strategically located within the New Hampshire Seacoast and integrated into the University of New Hampshire community.; Strong demand for multifamily housing supports redevelopment potential.
