347 Shattuck Way Newington, NH 03801-7870
This exceptional 16,470 square foot commercial property, situated on a 6.69-acre lot in Newington, NH, presents a unique investment opportunity. Boasting a highly visible location directly off Exit 4 of the Spaulding Turnpike, this site benefits from over 70,000 vehicles passing daily. The existing building is currently configured as a fully equipped restaurant and banquet facility, ready for immediate operation or redevelopment. High-volume restaurant equipment, including industrial ovens, stoves, grills, and ample commercial-grade refrigeration, is included. A substantial concrete basement provides extensive storage capacity, complemented by a large asphalt parking lot suitable for customer and employee parking, as well as product display. Municipal utilities are readily available. The property's versatile zoning and ample space offer significant potential for expansion, redevelopment, or repurposing, making it an attractive prospect for developers and investors seeking a high-traffic location with substantial existing infrastructure. The combination of existing improvements and prime location creates a compelling opportunity for a variety of commercial ventures. This property is priced at $3,600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OFF · Newington, NHNewington. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.