Mixed-Use Investment
93A Plaistow Road Plaistow, NH 03865
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For Sale
Contact for pricing
Fully occupied mixed-use property with seven apartments and four retail/office suites, plus owner garage/storage space.
Property Size12,119 SF
Price / SF$179.47
Days on Market7
Property Features for 93A Plaistow Road
General Information
Standard status
Active
Size
12,119 SF
Property subtype
Retail, Multifamily, Office
Building Details
Year Built
1987
Listing Agency:
NAI Norwood Group Portsmouth
(603) 682-3440
Listed By:
Deana Arden · License #NH 069047
Source:
Crexi
Added: Jul 24
Changed: Jul 29
Last Checked: Jul 29 at 8:30AM
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 NAI Norwood Group Portsmouth
Investment Insights
Based on property information with market context.
This fully occupied mixed-use property combines residential and commercial income in one investment. The building has seven residential apartments, including six one-bedroom units and one two-bedroom unit. In addition, there are four leased retail/office suites. An owner garage/storage space is also included and may offer additional rental income potential.
The property is located on Route 125 in Plaistow, New Hampshire, with access to both New Hampshire and Massachusetts. Public remarks note ample on-site parking and strong visibility along this highly traveled corridor.
For investors seeking in-place income, the current configuration provides multiple revenue streams through the residential apartments and the four retail/office suites, supported by the stated strong occupancy of the asset.
The property is located on Route 125 in Plaistow, New Hampshire, with access to both New Hampshire and Massachusetts. Public remarks note ample on-site parking and strong visibility along this highly traveled corridor.
For investors seeking in-place income, the current configuration provides multiple revenue streams through the residential apartments and the four retail/office suites, supported by the stated strong occupancy of the asset.
Key Highlights
- Year built 1987 mixed‑use property in Plaistow, NH with 7 fully occupied residential apartments.
- Apartment mix includes six 1‑bedroom units and one 2‑bedroom unit.
- Four fully leased retail/office suites on highly traveled Route 125.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $349.0k | $28.80 |
| − Vacancy | −$14.7k | −$1.21 |
| EGI | $334.4k | $27.59 |
| − OpEx | −$150.5k | −$12.42 |
| NOI | $183.9k | $15.17 |
12,119 SF · lease $28.80/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Office B
$2.97M
$2.60M – $3.47M
NOI $208,042 @ 7.0% cap · market cap 9.57%
Second Best
Apartment 5plus
$2.63M
$2.30M – $3.07M
NOI $183,902 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$4.03M
$3.53M – $4.71M
NOI $282,433 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied mixed-use property with seven apartments and four retail/office suites, plus owner garage/storage space.
Where is this apartment building located?
The property is located at 93A Plaistow Road Plaistow, NH.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Year built 1987 mixed‑use property in Plaistow, NH with 7 fully occupied residential apartments.; Apartment mix includes six 1‑bedroom units and one 2‑bedroom unit.; Four fully leased retail/office suites on highly traveled Route 125.
