166 Main St Hillsborough, NH 03244

This exceptional commercial property in Hillsborough, NH, presents a compelling investment opportunity. Encompassing 45,000 to 70,519 square feet across three buildings, this Class B industrial complex boasts 11 versatile units ideal for a variety of uses. Built in 1966 and renovated in 1988, the property features 20-foot ceilings, concrete floors, and ample three-phase power. Loading docks, receiving bays, and 247+ parking spaces cater to efficient operations and customer convenience. Recent upgrades include a forced hot air/waste oil furnace, multiple lifts, and a commercial exhaust system. The property sits on a 4.8-acre lot with 586 feet of frontage on W Main Street, zoned COMM-WS, allowing for diverse commercial applications. Currently 91.11% occupied, generating a strong NOI of $253,561 and a 7.46% cap rate, this property offers significant potential for growth and redevelopment. The asking price is $3,400,000, with a price per unit of $309,090.91. The property's features make it suitable for various businesses, including automotive, retail, light manufacturing, distribution, and more. Potential buyers are responsible for conducting their own due diligence regarding square footage.