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    347 Shattuck Way Newington, NH 03801

    Sponsored
    For Sale
    $3,900,000

    Prime 16,470 SF Retail Building, NH

    Property size:
    16,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Newington, NH retail property, located directly off Exit 4 of the Spaulding Turnpike, boasts 16,470 square feet on a 6.69-acre lot. The single-story, Class B building, constructed in 1975, features a fully equipped restaurant and banquet facility, perfect for high-volume operations. The property includes municipal utilities, a substantial concrete basement for storage, and a large asphalt parking lot with 200 spaces. Currently vacant with an occupancy date of August 1, 2024, this property offers immense potential for redevelopment or expansion. The high-traffic location, with over 70,000 vehicles daily passing on the Spaulding Turnpike, presents a unique opportunity for investors. The versatile COMMERCIAL zoning allows for a variety of uses. The building's existing restaurant setup includes high-quality stainless steel appliances such as industrial ovens, stoves, grills, and commercial-grade refrigerators and freezers. This is a rare opportunity to acquire a significant retail property in a high-demand location with substantial upside potential. The asking price is $3,900,000, with a price per square foot of $236.79. The property's APN is 013-01A-000.

    Property Features for 347 Shattuck Way

    General Information

    Property type
    Day care centers
    Square Feet
    16,470 SF
    Class
    B
    Lot Size
    291,416 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $3,900,000 asking price for a 16,470 SF retail building.
    • Located in Newington, NH, at 347 Shattuck Way, with excellent visibility from Route 16, Exit 4.
    • Features 200 parking spaces and 6.69 acres of land.
    • Currently vacant, with an occupancy date of August 1, 2024.
    • Class B building, single‑tenant, built in 1975, with one story and a concrete basement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Newington
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.815711816946
    Latitude
    43.109433639575

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Day care center - Prime 16,470 SF Retail Building, NH
    Where is this day care center located?
    The property is located at 347 Shattuck Way Newington, NH.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: $3,900,000 asking price for a 16,470 SF retail building.; Located in Newington, NH, at 347 Shattuck Way, with excellent visibility from Route 16, Exit 4.; Features 200 parking spaces and 6.69 acres of land.
    Request Owner's contact information
    347 Shattuck Way Newington, NH 03801
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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
    347 Shattuck Way Newington, NH 03801
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