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598 Daniel Webster HighwayMerrimack, NH 03054MLS Number 4802637

  • Price: $215,000The price has recently decreased
  • 315 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.02% last updated on 2021-03-04

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598 Daniel Webster Highway Merrimack NH 03054598 Daniel Webster Highway Merrimack NH 03054598 Daniel Webster Highway Merrimack NH 03054
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  • $215,000List Price
  • 0.6Acreage
  • 850Square Feet
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.
Listed by Bob James of Keller Williams Gateway Realty

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Your Local Office

Kathleen Chaloux - Bean Group | Bedford
264 S. River Road
Bedford NH, 03110

Office: 800.450.7784

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More Info

Basic Information

  • StatusACT
  • Modification Date04/27/2020
  • TypeDevelopment, Land, Multi-Family, Office, Retail, Vacant Land
  • List Price$215,000
  • 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

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 Count6
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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 5, 2021.

 

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