$629,000

About this home

Exceptional opportunity to acquire a highly visible mixed-use commercial property on Route 10 in Winchester, NH. This income-producing property consists of two buildings and multiple revenue streams, making it ideal for both investors and owner-users. The property includes a recently renovated +/- 1,500 SF residential apartment that is currently leased, a +/- 1,500 SF commercial space that is also leased, and a 3,345 SF auto garage featuring three service bays, a paint booth, office space, and ample on-site parking. The garage is currently leased month-to-month to a family member at a significantly below-market rate. The previous garage tenant paid $2,700 per month, and leasing the space at market rates would bring the property's projected Net Operating Income to approximately $42,795 annually. The garage is nearly turnkey and well suited for an automotive repair business, motorcycle shop, restoration facility, detailing operation, or other automotive-related use. Simply bring your tools and get to work. Adding further value, the property has municipal approval to display up to ten vehicles for sale on-site, creating an additional opportunity for automotive sales or related business operations. The property also benefits from a leased food truck location generating additional income. Situated along heavily traveled Route 10, the property enjoys excellent visibility, convenient access to both Keene and Massachusetts, and strong exposure to daily traffic. Utilities include single phase power, private well and septic system. Whether you are an investor seeking stable cash flow with upside potential or a business owner looking for a ready-to-go automotive facility, 581 Keene Road offers a rare combination of income, flexibility, and location.

Property details

MLS #

5094418

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

61

On market date

N/A

Stories

N/A

Garage spaces

N/A

Lot size

0.8 acres

Nearby schools

Within 10 miles · public school directory data (NCES)