Property profile

89 Broadway Derry, NH 03038

OFF-MARKET
Auto shops
Property ID
US58-0127567
2,611 SF 0.1 ac lot Built 1979
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1979
Construction FRAME
Total area 2,611 SF
Lot 0.1 ac (4,356 SF)
Zoning code OBD
APN DERY M:26 B:67
UPID US58-0127567

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
  • Auto Repair Shop
  • Auto Repair Shop

Location

89 Broadway Derry, NH 03038-2328
Derry metro Census 3400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$665k
Blend (final) Blend
$275k

Owner & transaction history

since 2025
Last sale
$695,000
2 recorded transactions
2025
$695,000
2004
$250,000

Zoning & alternative use

OBD · Derry, NH
Zoning description

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…

General category COMMERCIAL

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 89 Broadway?
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