Property Listing No Longer Available for Sale

268 & 272 Calef Highway, Epping, NH

Land for Sale - $1,800,000 - 5,551 Sq. Ft. on 5.3 acres


Property Info

CIMLS#972483
Location
  268 & 272 Calef Highway
  Epping NH 03042
UpdatedFebruary 17th, 2018
TypeLand
Price$1,800,000
Building5,551 Sq. Ft.
Land5.3 acres

Property Description

Redevelopment Opportunity with 500 Feet of Frontage directly along Route 125 in Epping NH, off of Exit 7, Route 101. Highway Commercial Zone allows many uses: Hotel/Motel, Health Care Facilities, Retail, Office, Auto Dealer, Restaurant, etc. Two lots, 5.3 Acres, City Sewer on both lots currently, City Water hook-up ready to connect in street, currently on 2 separate wells. 3 phase power to one lot. High Visibility, High Traffic Count, Over 21,000 vehicles per day. There is currently an operational Motel one one lot and a seasonal, operational Restaurant on the other lot, both producing income and including FF&E, however, it's more likely the highest and best use will be Redevelopment.

Location Description:

The Highway Commercial corridor on Route 125, off of Exit 7 from Route 101 is highly commercialized with retail including Lowe's, Market Basket, McDonald's, Starbucks, CVS and many restaurants, gas stations and more. There has been many large redevelopment projects along Route 125 in the past few years.

Highlights:

>> 5.3 Acres

>> 500 Feet of Frontage directly on Route 125

>> High Visibility and Traffic Count

>> Highway Commercial Zone

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Financials


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