15 Newmarket Rd - Freestanding FOR SALE


Durham, NH 03824
$2,495,000 USD
603-828-3818
15 Newmarket Rd, Durham, NH for Sale
$2,495,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

15 Newmarket Rd
Durham, NH 03824


HIGHLIGHTS

  • Flexible 0.93± acre site with multiple redevelopment paths
  • Walkable to UNH and downtown Durham

OVERVIEW

15 Newmarket Road in Durham is strategically located within the New Hampshire Seacoast and directly integrated into the vibrant University of New Hampshire community, offering a compelling opportunity for multifamily redevelopment. The property is improved with three existing structures, including a two-story main building totaling 7,175± SF, the Salt Shed at approximately 576± SF, and the Commissary building with public restrooms totaling approximately 624± SF. Recent zoning amendments (Ordinance #2025-07) permit multi-unit residential development by right, positioning the site for a potential redevelopment. This zoning amendment creates an opportunity for developers to reposition the property into highly desirable multifamily housing, supported by strong demand.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Christian StallkampThe Boulos CompanyMore Info
603-828-3818

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Christian StallkampThe Boulos CompanyMore Info
603-828-3818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.