Property summary
This exceptional mixed-use property, located at 141 Main Street in the heart of historic Newmarket, NH, presents a fantastic investment opportunity. The 0.06-acre lot houses a building comprising three spacious and bright residential units, all currently occupied, and two commercial spaces with established, long-term tenants, ensuring a consistent stream of rental income. The property benefits from its prime location in Newmarket's vibrant downtown area, offering residents and business owners easy access to a variety of amenities and attractions. Enjoy the scenic beauty of the Lamprey River, just a short stroll away, providing a tranquil escape. Recreational opportunities abound with nearby Schanda Park and the Rockingham Recreational Trail, perfect for outdoor enthusiasts. The Newmarket Millspace, a cultural hub, adds to the area's vibrant arts and community scene. The property's convenient location also provides easy access to local shops, cafes, restaurants, and grocery stores. This is a rare opportunity to acquire a well-situated mixed-use property with strong rental potential in a thriving New Hampshire community. The asking price is $950,000. The square footage is not currently available.
Property profile
VerifiedCap rate & NOI
Current use
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Counselor
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M2 · Newmarket, NHZoning
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Zoning designation
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The district profile from the municipal source: what is on file for M2 in Newmarket, NH.
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