Land For Retail & Office For Sale

Vacant Land for Sale
Catylist Listing ID: 30569799
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 2 Acres
Sale Price: $589,000
Unit Price: $294,500 Per Acre
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 5/15/2020

Overview / Comments

This site is one of the most heavily trafficked areas in Newfields, abutting a Dunkin' Donuts and across from a gas station. The Dunkin' Donuts is one of the highest performing Dunkin sites in the seacoast. With so few commercial options in the area, this site is ideal for development. This site on Route 108 is less than 1/2 mile from Route 85 & 33, centrally located on the southwest side of the Great Bay. Owner is selling the land and improvements to the land, which include survey, engineering, and previously approved plans for commercial development, which have previously lapsed. Those approvals had nearly 8000 SF of space approved. The traffic counts are over 18,000 and both morning and evening are very busy.

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Newfields NH
Tax ID/APN: 000202 000015 000000
Zoning: COMMERCIAL
Property Located Between: Squamscott Vineyard & Winery and Great Bay Camping
Property Visibility: Excellent
Legal Description: Plan D-35648 Bk 4932 pg 385
Largest Nearby Street: Route 108
Feet of Frontage: 600
Traffic/Vehicle Count: 18,623
Highway Access: Located on Route 108, which connects to Rt 85, and Rt 101, and Rt 4 in Durham.
Airports: Portsmouth International
Site Description: This small community is centrally located from Newmarket, Exeter, and Stratham. With a population of 1,900 this community sees significant traffic from the more highly populated neighboring communities. Route 108 is a commuter route, funneling traffic from as far north as Dover and Durham, to Exeter. This town has excellent demographics and very high median income per household and per capita. With easy access to the seacoast, this community could certainly use more commercial space to serve the area. The Dunkin' Donuts located next to the site is one of the highest performing units in the seacoast.
Area Description: The seacoast of NH is highly developed, with most of the communities having higher than average median incomes.
Lot Frontage: 800FT on two roads
Lot Depth: over 600
Zoning Description: 03 ­-C-COMMERCIAL
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Other
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 801 18,262 47,680
Median Age: 24.52 27.76 34.47
Households: 335 4,576 17,361
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