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9 Old State Rd 7,179 SF Retail Building Belmont, NH 03220 $950,000 ($132.33/SF)

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INVESTMENT HIGHLIGHTS

  • Great visibility and healthy traffic counts on Daniel Webster Highway.
  • Strong candidate for redevelopment opportunity.
  • Excellent proximity to Belknap Marketplace (immediately adjacent).

EXECUTIVE SUMMARY

FOR SALE. Formerly the Northway Bank – At the entrance to the Belknap Marketplace, DW Highway, Belmont, NH. It offers great visibility, healthy traffic counts (+/- 20,000) at the light. This two-story ±7,179 SF retail building is comprised of a wide open area, small offices, a bank vault and a drive-thru window. There is a full basement (4,293 sf) with room for storage, including two restrooms. It can easily convert to finished office space. Situated on 1.74 acres, the exterior is nicely landscaped and features two drive-thru lanes, a lower-level entrance, and ample on-site parking. The adjacent plaza is a grocery-anchored center with national and local tenants, including Shaw’s Supermarket, Planet Fitness, ClearChoice Urgent Care and Joanne Fabrics.
It is a strong candidate for redevelopment opportunity.

PROPERTY FACTS

Sale Type
Owner User
Sale Conditions
Deferred Maintenance
Property Type
Retail
Property Subtype
Bank
Building Size
7,179 SF
Building Class
B
Year Built
1989
Price
$950,000
Price Per SF
$132.33
Tenancy
Single
Building Height
3 Stories
Slab To Slab
10’
Building FAR
0.09
Lot Size
1.74 AC
Zoning
COM - Commercial
Parking
54 Spaces (7.52 Spaces per 1,000 SF Leased)
Frontage
311’ on Old State Rd

AMENITIES

  • Signalized Intersection
  • Drive Thru

NEARBY MAJOR RETAILERS

CKO Kickboxing
Planet Fitness
Shaw's
Aroma Joe's
Taylor Rental

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
201 001 000 000
Land Assessment
$249,400
Improvements Assessment
$318,100
Total Assessment
$567,500
  • Listing ID: 29522037

  • Date on Market: 9/14/2023

  • Last Updated:

  • Address: 9 Old State Rd, Belmont, NH 03220

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