75 Winter StClaremont, NH 03743

Property Details for 75 Winter St

Year built

1962

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.10 AC

Property size (Sq ft)

14,492 SF

Zone code

R2

Property type

Industrial properties

APN

CLMN M:108 L:73

APU

CLMNM108L73

Description

This exceptional 14,492-square-foot industrial building, a former National Guard Armory, presents a unique investment opportunity. Situated on a spacious 5.1-acre lot in Claremont, New Hampshire (APN 108-73), this Class C property boasts a recent 2022 renovation. The building features heavy-duty concrete floors, originally designed to withstand military tanks, and currently houses over 27 CNC machines weighing over 27,000 pounds. Ceiling heights range from 12 to 22 feet, providing ample vertical space. Improvements include a newly constructed climate-controlled inspection room and a secure safe room with a steel-plated vault door. The updated office space comprises five rooms, two bathrooms, a kitchen break area, and a workers' locker room with a shower, all featuring newly epoxied floors. The property also includes a large parking area and significant open space suitable for future expansion. Public water, sewer, and three-phase power are readily available. This vacant property is available for immediate occupancy, offering a rare combination of functionality, security, and expansion potential. The asking price is $1,490,000 ($102.82/sq ft). The property is zoned INDUSTRIAL and consists of one single-story building.

• CAP approach

  CAP return

  Valuation

  6%

  $5,913,920

  6.5%

  $5,459,000

  7%

  $5,069,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,033,720

  Geo Method

  $3,029,640

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $2,796,420

  Mixed-Use / Specialty

  $2,784,150

  Hospitality / Lodging

  $2,039,640

  Office

  $2,765,210

  Institutional / Educational

  $2,893,570

  Residential Income

  $3,385,480

  Multifamily

  $4,073,140

  Automotive / Energy

  $2,480,200

  Parking / Income-Based Land

  $858,165

  Restaurant / Food Service

  $1,443,140

  Healthcare / Senior Housing

  $2,857,460

Location Insight

City

Claremont

County

Sullivan

State

New Hampshire

Latitude

43.3792

Longitude

-72.3316

CBSA code

30100

CBSA name

LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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