1557 First NH Turnpike Northwood, NH SOLD

$560,000
Acres 0.38
Photo of 1557 First NH Turnpike Northwood NH 03261

Sold By

Kayla Dyer, BHG Masiello Dover



Description

Rare three-unit mixed-use investment property with immediate income in place along Route 4 in Northwood's "Antique Alley" corridor. This well-maintained 5302+/- SF two-story building on 0.38 acres offers 259± feet of direct Route 4 frontage and three fully occupied units with established, long-term tenants: a first-floor antique/retail store with basement and garage access ($1,600/mo), a first-floor commercial office/non-profit space ($900/mo), and a second-floor 2-bedroom residential apartment with private garage ($1,600/mo), generating $49,200 in gross scheduled annual income, with rents currently below market offering immediate upside potential. Ideal property for an investor, owner-user, or 1031 exchange Buyer featuring strong Route 4 visibility and a deeded Right-of-Way to Northwood Lake with beautiful water views.


Listed by NAI Norwood Group, Deana Arden 603-668-7000
Sold by BHG Masiello Dover, Kayla Dyer 603-749-4800

Details

MLS 5085740
Price $560,000
Status Closed
DOM 145 days
Type Commercial
Lot Size 0.38 acres
Year Built 1978

Lot & Building Features

Utilities Other
Construction Vinyl Exterior, Vinyl Siding, Wood Frame
Cooling Central AC
Heating Oil
Parking Description On-Site, Driveway
Sewer Private
Tax Year 2025
Water Private
Basement Description Finished
Foundation Concrete
Roof Asphalt Shingle

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