156 Main StAndover, NH 03216

Property Details for 156 Main St

Year built

1938

Lot size

0.52 AC

Property size (Sq ft)

1,947 SF

Zone code

V V

Property type

Showrooms

APN

ANDV M:00019 B:000598 L:000242

APU

ANDVM00019B000598L000242

Description

This exceptional 22,651 square foot commercial land parcel at 156 Main Street in Andover, New Hampshire, presents a unique investment opportunity. Priced at $185,000, this property boasts significant visibility with 5,600 cars passing daily, ensuring substantial exposure for your business. The site features 16-foot doors and a paint booth, making it suitable for a wide range of commercial ventures. Its strategic location offers convenient access, situated just 20 minutes from the Concord Hilton and 10 minutes from Franklin, NH. This prime location is perfect for businesses requiring easy access and ample space for operations. The property's size and existing features provide endless possibilities for expansion or the establishment of a new enterprise. The property is zoned for commercial use and is ready for immediate development. This is an exceptional opportunity to acquire a high-traffic, well-located commercial property in a thriving New Hampshire community. Don't miss this chance to secure a valuable asset in a desirable location. The zip code is 03216, and the property is located in Merrimack County.

• CAP approach

  CAP return

  Valuation

  6%

  $521,925

  6.5%

  $481,777

  7%

  $447,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $641,938

  Geo Method

  $641,075

• Alternative Use

  Use

  Valuation

  Residential

  $406,397

  Hospitality

  $372,257

  Educational

  $309,714

  Medical

  $320,365

  Retail

  $481,777

Location Insight

City

Andover

County

Merrimack

State

New Hampshire

Latitude

43.4368

Longitude

-71.8188

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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