15 Newmarket Rd, Durham, NH 03824-2815
This exceptional 3-building property at 15 Newmarket Road, Durham, NH 03824, presents a unique investment opportunity. Built in 1900 and extensively renovated in 2023, this retail property currently houses a restaurant and mercantile, along with space for food trucks (leases transferable). The property also includes two private lodging suites available for short-term rentals. Offering 3 stories and 37 parking spaces, this prime location at the gateway to Durham and the University of New Hampshire provides excellent visibility and access. The property is being sold vacant, presenting a "turnkey" opportunity for an owner-operator in the restaurant or brewery industry. Alternatively, the property offers significant potential for redevelopment into an inn or hotel. The recent renovations create a seamless transition for the right investor, allowing immediate operation or customization to suit their vision. Located in Strafford County, this property boasts a rich history and a bright future, ready to welcome a new owner to continue its legacy or embark on a new chapter. The sale includes the existing food truck leases.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C · Durham, NHDurham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.