Ignite FB Tracking Pixel598 Daniel Webster Highway, Merrimack, NH 03054 - Lisa Bailey
Re/max Synergy
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listing
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CommercialFor Sale
$240,000
598 Daniel Webster Highway
Merrimack, NH 03054
Courtesy of Keller Williams Gateway Realty -
MLS: New England Real Estate network (NEREN)
Est. Mortgage
$1,339/mo

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.

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Information courtesy of Keller Williams Gateway Realty is subject to verification and is not guaranteed.
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