1557 First NH Turnpike, Northwood, NH
Commercial Sale
Listed by NAI Norwood Group · Deana Arden
Property 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.
Property Details
Essentials & finishes
- Property Type:Commercial Sale
- Year Built:1978
- County:NH-Rockingham
- Town:Northwood, NH
- Status:Active
- Days on Market:76
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $9,605 |
| 2023 | $9,365 |
| 2022 | $9,125 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Northwood19
- Average list price$578,283
- Price range$179,900 – $1,125,000
- Market sentimentBuyer's Market
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- Principal & Interest$2,857
- Property Tax$800
- Home Insurance$118
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 19 active · 0 sold in Northwood (last 90 days)
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