254 White Mountain HwyMilton, NH 03851

Property Details for 254 White Mountain Hwy

Year built

1959

Lot size

0.37 AC

Property size (Sq ft)

2,058 SF

Zone code

IND/CO

Property type

Other commercial real estate

Property subtype

Showrooms

APN

MLTN M:00047 B:000022 L:000001

APU

MLTNM00047B000022L000001

Description

This turnkey three-bay auto garage in Milton, New Hampshire, presents a unique investment opportunity. Located at 254 White Mountain Hwy, 03851, this 1,878 square foot retail property sits on a single-story building constructed in 1980 and zoned IND/COMM (APN 47). The asking price is $480,000. The garage boasts three 12-foot garage doors, an office area, a bathroom, storage room, and a shed, along with ample parking. Heating is provided by a clean-burning used-oil furnace. The property is wired for 220 and 110 volts and features a twin-motor compressor setup. Included in the sale are three 2-ton scissor lifts, a Snap-on tire mounting and balancing machine, a Snap-on AC machine (R134a), a tire inflator/bead blaster, an Alpha TIG 200x welder, and a gasless plasma cutter, among other shop tools and equipment (a full list is available upon request). The business is currently booked for state inspections, oil changes, and general repairs, with the seller willing to convey booked jobs at closing. There's potential for the seller or an employee to remain on board for a negotiated period. This high-visibility, high-traffic location offers an established business ready for immediate operation or expansion. Sale terms are cash to the seller.

• CAP approach

  CAP return

  Valuation

  6%

  $500,166

  6.5%

  $461,692

  7%

  $428,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $677,624

  Geo Method

  $677,624

• Alternative Use

  Use

  Valuation

  Residential

  $389,454

  Hospitality

  $356,738

  Educational

  $296,802

  Medical

  $307,009

  Retail

  $461,692

Location Insight

City

Milton

County

Strafford

State

New Hampshire

Latitude

43.3928

Longitude

-70.9905

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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