For Sale
$3,900,000

347 Shattuck WayNewington, NH 03801

Prime 16,470 SF Retail Building, NH

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Newington, NH retail property, located directly off Exit 4 of the Spaulding Turnpike, boasts 16,470 square feet on a 6.69-acre lot. The single-story, Class B building, constructed in 1975, features a fully equipped restaurant and banquet facility, perfect for high-volume operations. The property includes municipal utilities, a substantial concrete basement for storage, and a large asphalt parking lot with 200 spaces. Currently vacant with an occupancy date of August 1, 2024, this property offers immense potential for redevelopment or expansion. The high-traffic location, with over 70,000 vehicles daily passing on the Spaulding Turnpike, presents a unique opportunity for investors. The versatile COMMERCIAL zoning allows for a variety of uses. The building's existing restaurant setup includes high-quality stainless steel appliances such as industrial ovens, stoves, grills, and commercial-grade refrigerators and freezers. This is a rare opportunity to acquire a significant retail property in a high-demand location with substantial upside potential. The asking price is $3,900,000, with a price per square foot of $236.79. The property's APN is 013-01A-000.

Highlights

  • $3,900,000 asking price for a 16,470 SF retail building.
  • Located in Newington, NH, at 347 Shattuck Way, with excellent visibility from Route 16, Exit 4.
  • Features 200 parking spaces and 6.69 acres of land.
  • Currently vacant, with an occupancy date of August 1, 2024.
  • Class B building, single-tenant, built in 1975, with one story and a concrete basement.

Property Details for 347 Shattuck Way

Property type
Day care centers & nurseries, Retail properties
Square Feet
16,470 SF
Class
B
Year Built
1975
Buildings
1
Stories
1
Lot Size (sq. ft)
291,416 SF
Units
1

Location Insight

City
Newington
County
Rockingham
State
New Hampshire
Latitude
43.109433639575
Longitude
-70.815711816946
347 Shattuck Way, Newington, New Hampshire

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347 Shattuck Way
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