89 Broadway Derry, NH 03038
- Auto shops
- 2,611 SF
- 0.10 lot acres
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
-
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