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    Property profile & analytics
    OFF-MARKET Estimated value $1,780,000
    Commercial real estate

    15 Newmarket Rd, Durham, NH 03824-2815

    6,181 SF 0.93 ac lot Built 1900
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US58-0659587
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1900
    Construction WOOD FRAME
    Total area 6,181 SF
    Lot 0.93 ac (40,511 SF)
    Zoning code C
    APN DRHM M:108 L:69
    UPID US58-0659587
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.80M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.96M
    Blend (final) Blend
    $1.78M
    Owner & transaction history
    Slipknot Proeprties LLC · 4 yrs held
    Slipknot Proeprties LLC
    since 2022
    Last sale
    $1.8M
    4 recorded transactions
    2022
    2022
    $1.8M
    2018
    1969
    Zoning & alternative use
    C · Durham, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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