425 Stark HwyWeare, NH 03281

Property Details for 425 Stark Hwy

Year built

1989

Property size (Sq ft)

15,434 SF

Zone code

COMMER

Property type

Other commercial real estate

Property subtype

Showrooms

APN

WEAR M:00109 L:000007 S:000001

APU

WEARM00109L000007S000001

Description

This exceptional two-story, 2,640 square foot commercial property at 425 South Stark Highway in Weare, New Hampshire, presents a unique opportunity for businesses seeking flexible office or retail space. The building, constructed in 1985 and classified as Class B, offers multiple tenancy options with a minimum divisible space of 1,179 square feet and a maximum contiguous space of 1,461 square feet. Currently, the entire 2,640 square feet is vacant, providing an ideal canvas for a single tenant or the potential for multiple occupants. The property boasts ample parking, catering to the needs of employees and clients alike. The building benefits from a robust 200 amp, 3-phase power supply, ensuring sufficient power for various business operations. Its zoning designation as "Retail" allows for a wide range of commercial uses. Located within the Lantos Center, this property enjoys high visibility and benefits from the proximity of established businesses such as Dunkin' Donuts, a gas station, a convenience store, and a Subway restaurant, creating a vibrant and convenient commercial environment. The property's address is 425 S Stark Hwy, Weare, NH 03281, and its APN is 000109000007000000. This is a must-see property for businesses seeking a strategic location in a thriving commercial center.

• CAP approach

  CAP return

  Valuation

  6%

  $3,751,001

  6.5%

  $3,462,462

  7%

  $3,215,144

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,081,848

  Geo Method

  $5,081,848

• Alternative Use

  Use

  Valuation

  Residential

  $2,920,716

  Hospitality

  $2,675,360

  Educational

  $2,225,868

  Medical

  $2,302,420

  Retail

  $3,462,462

Location Insight

City

Weare

County

Hillsborough

State

New Hampshire

Latitude

43.0435

Longitude

-71.6807

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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