$915,000 | $67 per sq.ft.
Commercial Property, in 167 Summer Street Newport NH | Space type MLS# 5068394
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Listed by Marie LovellColdwell Banker LIFESTYLES - Sunapee Cell: 603-558-8393 on November 4th 2025
167 Summer Street Newport NH 03773
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DESCRIPTION
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An exceptional Commercial investment opportunity in the heart of Newport, a turn-key, fully leased property offering immediate cash flow and strong long-term stability. The offering includes a 13,669 sq ft brick commercial building situated on a generous 4.19-acre lot. The property boasts multiple commercial tenants, and a rented one-bedroom apartment, ensuring diverse income streams from day one. Constructed in 1950 and extensively remodeled in 1992, this property has seen significant recent capital improvements. These upgrades include a newer roof and oil tanks, a complete newer heating system installed in 2018 and in 2022, new water heater in 2020, updated rooftop HVAC units (for both heating and air conditioning) in 2018, energy-efficient LED lighting, and substantial electrical enhancements. Additionally, many newer windows and doors have been installed, and newer flooring has been laid in the lobby and west wing, further enhancing its value and appeal. Key features of this property include ample paved parking, excellent visibility from a prime location, and a strong, proven tenant history. This is an ideal low-maintenance investment for either owner-users or investors looking for a stable, income-producing commercial asset within the desirable Upper Valley region. In-person group tours will be provided Saturdays and Sundays upon request.
Sale Includes : Land/Building Traffic Count-| Price per SQFT | 66.94 Net Income| 42464 Gross Income| 97044 Management Expense-| $0 Insurance Expense -| $0
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FEATURES AND DETAILS
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CONSTRUCTION: Brick Exterior | Price Per SQ.FT. 66.94 | Year Built: 1951 No. of Units-| 8 Building Size | 13669 Available SQFT | 16864 Basement: Apartment(s) | Concrete | Concrete Floor | Daylight | Finished | Full | Insulated | Interior Stairs | Assigned Storage | Locked Storage | Storage Space | Walkout | Interior Access | Exterior Access | Basement Stairs
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Roof: Membrane | Other Heating: Hot Air | Hot Water Cooling: Blowers | Other Electric: Circuit Breaker(s) | Fuses Utilities: Cable Available No. of Docks | 0. No. of Drive Doors | 13669.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 4.2 acres Zoned: 12 - R110 SINGLE FAM RES Surveyed: Yes Flood Zone: No
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Docs Available : Blueprints | Deed | Property Disclosure | Survey | Tax Map Taxes $14,476 | Assesed Value $0 in |
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