1378 Hooksett RdHooksett, NH 03106

Property Details for 1378 Hooksett Rd

Year built

2003

Construction

FRAME

Lot size

2.01 AC

Property size (Sq ft)

2,004 SF

Zone code

PZ

Property type

Auto shops

APN

HOOK M:18 B:47 L:1

APU

HOOKM18B47L1

Description

This exceptional 2,013 square foot commercial property, situated on a 2.03-acre lot at 1378 Hooksett Road in Hooksett, NH, presents a unique investment opportunity. Currently operating as a successful auto dealership, this property boasts an attractive showroom complete with offices, bathrooms, and a small kitchen. The high visibility location on Route 3 benefits from an impressive 28,000 vehicles per day, ensuring significant exposure for any business. The expansive paved parking lot comfortably accommodates over 100 vehicles, and the property features over 400 feet of road frontage. The existing structure offers ample space for a variety of commercial uses, making it ideal for a diverse range of businesses. Town ordinances allow for potential expansion, including the addition of garages, providing significant flexibility for future growth. The seller is relocating to a larger facility, presenting a rare chance to acquire a well-established and highly visible commercial property in a prime location. This property is suitable for continued use as an auto dealership or offers significant potential for redevelopment to accommodate a wide array of commercial ventures, from daycare centers and construction companies to franchises and other businesses. The combination of high traffic volume, ample parking, and expansion possibilities makes this a truly compelling investment.

• CAP approach

  CAP return

  Valuation

  6%

  $487,042

  6.5%

  $449,577

  7%

  $417,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $659,843

  Geo Method

  $659,843

• Alternative Use

  Use

  Valuation

  Residential

  $379,235

  Hospitality

  $347,377

  Educational

  $289,014

  Medical

  $298,954

  Retail

  $449,577

Location Insight

City

Hooksett

County

Merrimack

State

New Hampshire

Latitude

43.0656

Longitude

-71.447

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].