598 Daniel Webster Highway, Merrimack NH Real Estate Listing

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Price	Down Payment	Interest Rate	Years
		%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.42% last updated on 2023-03-16

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Just .3 miles from exit 12 of the Everett Turnpike, this level 26,136+/- SF lot features 2 curb cuts, onsite water, sewer and natural gas. This location offers walking distance access to dining, grocery shopping, pharmacy and other retail. Zoning allows for a mix of retail and residential uses, but a proforma highest and best use analysis shows that redevelopment into a new-construction, multi-unit residential property offers the highest return, close a 10 cap and 11 cash-on-cash return, and that is at a lot sales price of $250,000! Next best would be a 5 unit specialty retail development at between a 7 - 8 cap rate.

More Info

Basic Information

StatusACT
Modification Date02/26/2023
TypeDevelopment, Land, Multi-Family, Office, Retail, Vacant Land
List Price$225,000
Broker NameKeller Williams Gateway Realty
Listing Agent NameBob James
Lister Office NameKeller Williams Gateway Realty
MLS Number4802637
MLS StatusActive

Location

Building Number598
StreetDaniel Webster Highway
TownMerrimack
StateNH
Zip03054
CountyHillsborough
Map006D-1

Legal

Taxes$5,160
Price/SF$264.71
OtherStructuresLand/Building, Outbuilding
ZoningC1 - Commercial

Building

Square Feet850
Available Sqft850
Garage Spaces

Property

Acreage0.6
Parking Spaces
Property TypeCommercial Sale
AreaBusiness District, Commercial Zoning, Near Shopping
Lot Sqft26,136
Road Frontage207

Other

View Count57

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 26, 2023 5:24 PM EDT

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