17 John Stark HwyNewport, NH 03773
- Commercial real estate
- 19,630 SF
Property Details for 17 John Stark Hwy
- Year built
- 1962
- Lot size
- 3.77 AC
- Property size (Sq ft)
- 19,630 SF
- Zone code
- B2 H
- Property type
- Commercial real estate
- APN
- NWPT M:00114 B:129000 L:000000
- APU
- NWPTM00114B129000L000000
Description
This exceptional 1,900 square foot end unit, located within the Newport Plaza, presents a fantastic opportunity for a variety of businesses. Situated at 17 John Stark Highway in Newport, NH, this property benefits from a prime location adjacent to the New London Health Center and directly across the street from established businesses such as McDonald's, Big Lots, and Shaw's supermarket. This ensures high visibility and significant foot traffic, ideal for retail, office, or hospitality ventures. The space is available with a three-year lease agreement offering a structured rental increase over the term. Year one rent is $1,500 per month, escalating to $1,700 per month in year two and $1,900 per month in year three. The property itself is an end unit within the plaza, offering potential advantages in terms of visibility and accessibility. This is a rare opportunity to secure a well-located commercial space in a thriving area with established anchor tenants. The lease terms provide a predictable and manageable financial plan for the tenant, allowing for business growth and stability. Interested parties should inquire promptly to secure this desirable space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,097,814
- Hospitality
- $3,753,576
- Educational
- $3,122,931
- Medical
- $3,230,334
- Retail
- $4,857,893
Location Insight
- City
- Newport
- County
- Sullivan
- State
- New Hampshire
- Latitude
- 43.3596
- Longitude
- -72.1773
- CBSA code
- 30100
- CBSA name
- LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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