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For Sale

Approved 10-Unit Contractor Condo Site + Adjoining 2.22 Acres | ±6.81 AC on NH Route 27, Raymond

195 NH-27,
Raymond, NH 03077

Asset Snapshot

6.81 Acres
Land Area

Offering Summary

Investment Overview

SPERRY Commercial is pleased to offer ±6.81 acres of C-2 commercial land at 195 NH Route 27 in Raymond, New Hampshire. The offering consists of two adjoining parcels sold together, including a fully engineered, approved site for a multi-tenant contractor/flex building. Lot 106-2 (±4.59 AC) will convey with Town of Raymond site plan approval for an 18,000 SF building (60' x 300') divided into ten 1,800 SF units. Each 30' x 60' unit is designed with a 16' x 16' drive-in overhead door, a 600 SF mezzanine, and a utility room. The approved plan includes 68 parking spaces, on-site well and septic, a 30,000-gallon fire cistern, stormwater detention ponds, site lighting and landscaping. A 15-sheet civil plan set and architectural floor plans and elevations are complete, so a buyer can go straight to pricing and permitting. Units may be sold individually as condominiums, giving a builder or developer the choice to sell, lease, or combine both. Demand for small-bay contractor space remains strong across southern New Hampshire, and new supply is limited. Lot 106-1 (±2.22 AC, wooded) is included with no approvals, offering room for a future phase, outdoor storage, or a separate project, subject to the buyer's own approvals. The property has frontage on NH Route 27 with an existing left-turn lane and is not in a flood zone. Permitted uses include commercial service, sales, warehouse and office, making the building well suited to contractors, trades, service companies and storage users.


Investment Highlights

  • Property details-
  • Address: 195 NH Route 27, Raymond, NH 03077
  • Parcels: Map 33 Lot 106-1 (±2.22 AC, raw wooded land) · Map 33 Lot 106-2 (±4.59 AC / 200,050 SF)
  • Owner of record: Q&G Development LLC
  • Zoning: C-2 · setbacks 15' front/side/rear, 75' wetland · 35' max height
  • Approved building: 18,000 SF, 60' x 300', ten 1,800 SF units + 600 SF mezzanine each
  • Parking: 68 spaces (36 + 32), including accessible spaces
  • Utilities: On-site well and septic; Eversource electric; Consolidated / Comcast telecom
  • Fire protection: 30,000-gallon underground cistern; 1-hour fire-rated unit walls and ceilings; sprinklers may be required per use
  • Site coverage: ~35,510 SF pavement + ~18,100 SF foundation = 27% lot coverage; ~99,600 SF disturbance
  • Flood zone: Not in a flood hazard zone (FIRM panel 33015C0187E)
  • Permitted uses: Commercial service, sales, warehouse and office (plus other C-2 uses)
  • Approval status and disclosures -
  • In place: NH state subdivision approval
  • Pending: NH DOT driveway permit and NH DES septic permit. An EPA Notice of Intent is needed 15 days before construction.
  • Town site plan approval: a closing contingency for Lot 106-2. The plan copies provided have a blank Planning Board approval block, so get the signed, recorded set before marketing it as "approved."
  • Wellhead protection zone: no floor drains, and no hazardous liquids on site in containers over 5 gallons
  • Coverage: plan note 15 says lots in the groundwater zone over 15% coverage need a conditional use permit. The plan proposes 27%, so confirm the CUP was granted with the site plan.

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Listing Syndicated From

Buildout
Accepting Offers
$950,000
Asking Price

Investment Sales Broker

Sahil Maripuri
Commercial Realty Associates

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