250-252 Calef Hwy - Flex FOR SALE


Epping, NH 03042
$699,000 USD
603-686-3131
250-252 Calef Hwy, Epping, NH for Sale
$699,000 USD
Flex - FOR SALE
1/7
null | 8% Cap Rate

250-252 Calef Hwy
Epping, NH 03042


HIGHLIGHTS

  • Heavy daytime traffic
  • Easily accessible
  • Steady rent roll for investors

OVERVIEW

This commercial property at 250-252 Calef Highway in Epping, New Hampshire, presents a diversified and stable investment opportunity with significant potential for future development. Located on a 1.1-acre lot along a high-traffic corridor with an average of 25,000 to 30,000 cars per day, the property offers exceptional visibility and accessibility for all tenants. Newly paved parking lot . Updated buildings. Town Sewer- Private Well The property is currently generating a steady monthly income of $6,000 from four separate buildings and a food truck pad, with a mix of reliable tenants. This multi-tenant structure mitigates risk and provides a consistent cash flow. The four buildings on the property include: 700 sq. ft. Vape Store: A well-located retail space with a high-visibility storefront. 400 sq. ft. Barber Shop: A compact and efficient service-based business with an established clientele. 600 sq. ft. Garage & 750 sq. ft. Garage: These two versatile garage spaces are ideal for various business needs, including: Storage: The spaces can be used for secure storage of business inventory, equipment, or documents, helping businesses free up their primary operational space. Commercial Vehicle Parking: Businesses with small fleets, such as landscapers, contractors, or delivery services, can use these garages for safe, protected parking. This is a highly sought-after use, as it protects valuable assets from weather and theft, and ensures compliance with local parking regulations. Other Flexible Uses: The garages could also be converted into a workshop, a small office space, or an indoor studio, subject to zoning and regulations. The property also includes a food truck pad, diversifying the income stream and catering to the popular mobile food market. A key feature of this property is the open lot, which offers a wealth of opportunity for an owner or investor. This undeveloped land can be used for: Expansion: The lot provides ample space to construct additional buildings, further increasing the total rentable square footage and monthly income. Outdoor Storage/Parking: The open area can be used for additional vehicle or equipment storage, particularly for larger commercial vehicles or seasonal assets, providing an additional revenue stream. Future Development: The lot's prime location and size allow for a wide range of potential future uses, including new retail spaces, offices, or other commercial ventures that can capitalize on the high traffic flow. With a strong and diversified income, established tenants, and significant potential for expansion and value-add opportunities, 250-252 Calef Highway is a compelling investment in a highly trafficked and growing Epping, NH market.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$285 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05

LAND SF

45,738

ZONING

HC

APN/PARCEL ID

EPPI-000023-000000-000035

ASK ABOUT THIS PROPERTY

Mark KasperK Bruder LLCMore Info
603-686-3131

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

Mark KasperK Bruder LLCMore Info
603-686-3131

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