598 Daniel Webster Highway, Merrimack, NH | Derry NH Area Commercial Sale For Sale

Search for homes and condominiums, commercial property, multi-family property, vacant land, and rental property for sale and rent here in the Derry area of New Hampshire. Do you want to receive automated alerts about property availability in the Derry NH Region? Log-in below to set up your favorite searches.

3 photos
  • Asking Price: $215,000
  • Type: Commercial Sale
  • Sub-Type: Development, Land, Multi-Family, Office, Retail, Vacant Land
  • Status: Active
  • Days-On-Market: 26
  • Listing Date: Apr 24, 2020
  • Updated: Apr 27, 2020
  • Rooms:
  • Bedrooms:  |  Baths: 0
  • Sq Ft: 850  |  Acres: 0.60

Property Description

Just .3 miles from exit 12 of the Everett Turnpike, this level 26,136+/- SF lot features 2 curb cuts, onsite water, sewer and natural gas. This location offers walking distance access to dining, grocery shopping, pharmacy and other retail. Zoning allows for a mix of retail and residential uses, but a proforma highest and best use analysis shows that redevelopment into a new-construction, multi-unit residential property offers the highest return, close a 10 cap and 11 cash-on-cash return, and that is at a lot sales price of $250,000! Next best would be a 5 unit specialty retail development at between a 7 - 8 cap rate.

Listed by Bob James of Keller Williams Gateway Realty.

Property Directions

From North: Everett Turnpike to exit 13. Follow signs fro Rt 3. Head south on rt 3 for 2.3 miles. Property on the right. From South: Everett Turnpike to exit 12. Turn right on Bedford Rd, then Right on DW Highway. Property is .3 miles on the right across from Tortia Flats.

Property Location

  • MLS ID: 4802637
  • Address: 598 Daniel Webster Highway
  • City/Town: Merrimack
  • State: NH
  • Zip Code: 03054

NEREN Copyright Statement

Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated every 15 minutes.

Zestimate and Zillow Terms of Use

Zestimate: $0 | Range: $0 to $0
Rent Zestimate: $0 monthly | Range: $0 to $0
See more details for 598 Daniel Webster Highway, Merrimack, NH 03054 on Zillow
 
© Zillow Inc., 2006-2020. Use is subject to Terms of Use.
What's a Zestimate?