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Listed by Deana Arden • NAI Norwood Group
$565,000
Est. payment /mo
9,700 SqFt
Under Contract
1557 First NH TPKE Northwood, NH 03261
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Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 9,700 sqft
Price per Sqft $58
MLS Listing ID 5085740
Year Built 1978
Annual Tax Amount $8,275
Tax Year 2025
Lot Size 0.380 Acres
Acres 0.38
Property Description
Rare three-unit mixed-use investment property with immediate income in place along Route 4 in Northwood's "Antique Alley" corridor. This well-maintained 5302+/- SF two-story building on 0.38 acres offers 259± feet of direct Route 4 frontage and three fully occupied units with established, long-term tenants: a first-floor antique/retail store with basement and garage access ($1,600/mo), a first-floor commercial office/non-profit space ($900/mo), and a second-floor 2-bedroom residential apartment with private garage ($1,600/mo), generating $49,200 in gross scheduled annual income, with rents currently below market offering immediate upside potential. Ideal property for an investor, owner-user, or 1031 exchange Buyer featuring strong Route 4 visibility and a deeded Right-of-Way to Northwood Lake with beautiful water views.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning General District
Body of Water Lake
Rooms
Basement Entrance Interior
Basement Finished
Interior
Cooling Central AC
Inclusions Other
Exterior
Utilities Available Other
Water Access Desc Yes
Roof Type Asphalt Shingle
Building
Sewer Private
Others
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