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Vacant Rite Aid 315 W Main St 11,327 SF Retail Building Hillsborough, NH 03244 $1,500,000 ($132.43/SF)
Investment Highlights
- Development Potential
- Proximity to Major Cities
- Strategic Retail Location
- Traffic Counts
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase 315 W Main Street in Hillsborough, New Hampshire (the “Property”). The vacant building was formerly occupied by Rite Aid and is improved by an 11,327 square foot freestanding single tenant building on a 1.50-acre corner parcel (65,340 square feet). 315 W Main Street is a corner parcel and is zoned Comm-WS (Commercial – West District), one of the most versatile zoning designations in Hillsborough. The Property is well-located at the signalized intersection of W Main Street (NH Route 149) and US Route 202, the area’s primary commercial and commuter corridors. The Property enjoys outstanding visibility and frontage and offers three points of access. The Property is close to major roadways, area schools, and the town’s national and local retailers and restaurants. The Property is positioned on the west side of Hillsborough and enjoys convenient access to NH Route 9 and Hillsborough’s residential neighborhoods. Hillsborough is in southern New Hampshire and is approximately 24 miles from both Concord and Manchester, the State’s largest markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,327 SF
Building Class
B
Year Built
1996
Price
$1,500,000
Price Per SF
$132.43
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.50 AC
Zoning
AA4
Frontage
213’ on W Main St
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | HLBO-000011K-000083 | Improvements Assessment | $1,011,600 |
| Land Assessment | $284,800 | Total Assessment | $1,296,400 |
Property Taxes
Parcel Number
HLBO-000011K-000083
Land Assessment
$284,800
Improvements Assessment
$1,011,600
Total Assessment
$1,296,400
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Vacant Rite Aid | 315 W Main St
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