Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is established for the purpose of permitting appropriate uses to occur within an area of the community where the predominant character has been, and will possibly continue to be, subject to change as a resu…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OBD · Derry, NHThis district is established for the purpose of permitting appropriate uses to occur within an area of the community where the predominant character has been, and will possibly continue to be, subject to change as a resu…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is established for the purpose of permitting appropriate uses to occur within an area of the community where the predominant character has been, and will possibly continue to be, subject to change as a resu…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OBD in Derry, NH.
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