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List Price:$$777,000
Commercial Property
Price Change! reduced by $138,000 down 18% on March 19th 2026
| $57 sqft
167 Summer Street Newport NH | Space type
MLS# 5068394 -
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Listed by Marie Lovell Coldwell Banker LIFESTYLES - Sunapee Cell: 603-558-8393 on November 4th 2025
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DESCRIPTION
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An exceptional Commercial investment opportunity in the heart of Newport, a turn-key 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
Management Expense-| $0
Insurance Expense -| $0
Net Income| 42464
Gross Income| 97044
Price per SQFT | 56.84 -
CONSTRUCTION
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Brick Exterior
Price Per SQ.FT. 56.84
Year Built: 1951
No. of Units-| 8
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
Roof: Membrane | Other
Electric: Circuit Breaker(s) | Fuses
Utilities: Cable Available
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
- Lot size: 4.2 acres
Zoned: 12 - R110 SINGLE FAM RES)
Surveyed: Yes
Flood Zone: No
ADDITIONAL INFORMATION
- Docs Available : Blueprints | Deed | Property Disclosure | Survey | Tax Map
Taxes $14,476 | Assesed Value $0 in
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