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Property profile & analytics

89 Broadway Derry, NH 03038

  • Auto shops
  • 2,611 SF
  • 0.10 lot acres
For Sale
Last Sale
Feb 09, 2025
$695,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US58-0127567
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Stevens Auto Service / Tire Shop / Auto Repair Shop
  • Stevens Auto Services And Sales / Car Repair And Maintenance

Property Details for 89 Broadway

Year built
1979
Construction
FRAME
Lot size
0.10 lot acres
Property size
2,611 SF
Zone code
OBD
Property type
Auto shops
APN
DERY M:26 B:67
APU
DERYM26B67

Description

This exceptional business opportunity encompasses a thriving auto sales and service establishment situated at 89 West Broadway, Derry, NH. The property, spanning 2,611 square feet on a 0.1-acre lot, boasts a prime location on busy Route 102, ensuring high visibility and substantial traffic flow. Established for over 60 years, this locally owned and operated business offers immediate revenue potential. The sales area holds a dealer license with four dealer plates (transfer of license requires DMV application by the buyer). The well-equipped repair shop features three lifts, each with its own drive-in door, and is currently an appointed DMV inspection station (requiring a new application by the buyer). Ample on-site parking accommodates fifteen or more vehicles (some tandem spaces). The property presents significant upside potential. The existing first-floor office, accessible via a fourth drive-in door, could easily be converted into a detailing bay. The second floor, currently unfinished, offers versatile space ideal for office use, storage, or a combination thereof, and includes a roughed-in bathroom. This turnkey operation is priced at $799,000 and represents a rare chance to acquire a well-established business with significant growth opportunities in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $664,000
    Market price range: $418k - $989k
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $690,000
    Current use
    COMMERCIAL (GENERAL)
    $600,000
    Change: -12% Conversion: Moderate
    RETAIL STORES
    $565,000
    Change: -18% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Derry
County
Rockingham
State
New Hampshire
Longitude
-71.3338
Latitude
42.8763
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,094
$118,400
$176,300
$294,700
-
$0.00
$0.00
$0.00
More about this property
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