Property profile

43 Allenstown Rd Allenstown, NH 03275

OFF-MARKET
Showrooms
Property ID
US58-0642514
20,240 SF 1.17 ac lot Built 1966
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail space, located at 43 Allenstown Road Unit 2 in Allenstown, NH, presents a fantastic opportunity for a discerning business owner. Previously occupied by a tool rental store, this unit boasts 4,022 square feet of versatile space, ideal for a variety of retail uses. Situated within a bustling shopping plaza, the property enjoys high visibility and prominent frontage along the heavily trafficked Route 3/Route 28 corridor. Neighboring businesses include Dunkin' Donuts, Sully's Grocery, a laundromat, and a hair salon, ensuring a steady stream of potential customers. The unit features a highly visible sign at the entrance, providing excellent exposure to passing traffic in both directions. The interior is open and adaptable, allowing for easy customization to suit your specific business needs. A significant advantage is the availability of an additional 4,022 square feet of storage space, which can be leased separately or incorporated into the main unit, offering considerable flexibility. The asking price is $16,000. This prime retail location offers unparalleled visibility and accessibility, making it an exceptional investment opportunity. The property is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1966
Construction FRAME
Total area 20,240 SF
Lot 1.17 ac (50,965 SF)
Zoning code B - BU
APN ALLE M:00109 L:000031 S:000000
UPID US58-0642514

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Rental Equipment Company
  • Bakery Specialty Food Shop
  • (Bike/Boat/Book/etc) Store
  • Hair Salon
  • Paintball Store

Location

43 Allenstown Rd Allenstown, NH 03275-1812
Allenstown metro Census 3100 CONCORD, NH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.64M
CAP Approach CAP
$2.80M
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$2.47M

Owner & transaction history

since 2022
Last sale
$2.7M
4 recorded transactions
2022
$2.7M
2014
$850,000
2006
$1.1M
2006
Price N/A

Zoning & alternative use

B - BU · Allenstown, NH
Top alternative use upside
Auto repair, garage $4.2M +30.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 43 Allenstown Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message