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591 John Stark Hwy
Newport, NH 03773

Truck Caps, Accessories, Used Cars, Trailers · Flex Property For Sale

Investment Highlights

  • 3 Bedroom house to be used as owners quarters or rented ( currently rented)
  • 2 additional rental units (currently rented)

PROPERTY FACTS

Property Type Flex
Property Subtype
Showroom
  • General Retail Auto Dealership
  • Office Office Live Work Unit
Building Class C
Lot Size 1.13 AC
Rentable Building Area 2,503 SF
No. Stories 2
Year Built/Renovated 1850/2005

About 591 John Stark Hwy , Newport, NH 03773

This long-established truck cap, accessories, used cars and trailer business sits in a good location on a major east-west highway in an area where the demographics make it a winner. The Seller's priority is to sell the business at this location, preferably with the real estate, but they will also sell the business and rent the real estate with a lease purchase arrangement. Business furniture, fixtures and display racks are included. The property includes a large modern type structure for the shop, while the office and showroom are in a wing of the original building. The original building includes a three bedroom home that could be either owner's quarters or a rental unit (currently rented). Additionally, there are two other rental residences on lots behind this property that are included in the real estate. They are also currently rented. The properties must be sold together. A buyer could live in either of the residences and rent out the others if they wanted to live at the business location. The property and associated businesses are offered for a total of $680,000 plus inventory. The business is available for $185,000. The Real Estate is valued at $495,000, but will not be sold separately from the business. There is adequate equipment to support the business. Floor plan inventory will have to be purchased and transferred to the buyer through the floor plan company.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NWPT-000234-061000
Land Assessment
$290,270
Improvements Assessment
$449,428
Total Assessment
$739,698

zoning

Zoning Code K40 K
K40 K
  • Listing ID: 21643976

  • Date on Market: 2020-12-02

  • Last Updated:

  • Address: 591 John Stark Hwy, Newport, NH 03773

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