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15652321
33165480

103 Stiles Rd, Salem, NH 03079

JC
NH NH 072456, MA MA 9048314
MANSARD
Listed by MANSARD
$2,000,000
823 days on market
Updated 26 days ago

Owner-User Opportunity | Professional Office Building

Details
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Square Footage 10,496
Units 4
NOI $88,332
Occupancy 100%
Tenancy Multi
Lease Type NN
Rent Bumps Yes
Class B
Year Built 1988
Buildings 1
Stories 2
Zoning CIB
Parking Spaces per 1,000 sq ft
Investment Type Value Add
Tenant Credit No Credit Rating

Office | 10,496 SqFt

Marketing description

103 Stiles Road is a fully renovated, two-story professional office building in Salem's premier Stiles Road office park — 0.2 miles from I-93 Exit 2 and 4 miles from the Massachusetts border. Renovated in 2012 with new windows in 2026, the elevator-serviced building offers 33 parking spaces and a polished, modern image among landscaped grounds.

The first floor is fully leased through 2031, and the Center for Life Management (CLM), a non-profit community mental health organization serving Southern NH for over 55 years, occupies a portion of the second floor through March 2027. The remaining second floor suite of 2,067 +/- SF is available for immediate owner-occupancy, with options to expand into an adjacent 600 SF suite or the entire floor as your business grows. The space features a floor-to-ceiling glass conference room, private offices, open areas, and abundant natural light.

An owner-user can reduce occupancy costs below market lease rates while building equity in an income-producing asset. SBA 504 financing available with as little as 10% down.

Ideal For: Medical/Dental · Environmental & Engineering · Financial Services · Behavioral Health · Technology & Defense Consulting

Investment highlights

  • 10,496 SF | Two-Story Professional Office Building
  • Zoning: CIB | Salem, NH (No State Income Tax)
  • First Floor: Leased Through 2031
  • Second Floor: 2,037 +/- SF Available for Owner-Occupancy | Expansion Options Available
  • Renovated 2012 | New Windows 2026 | Elevator Serviced | 33 Parking Spaces
  • 0.2 Miles to I-93 Exit 2 | 4 Miles to Massachusetts Border
  • SBA 504 Financing Available for Qualified Owner-Users

Listing Contacts

JC
NH NH 072456, MA MA 9048314
MANSARD
Listed by MANSARD

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$88,332.00
$7,361.00/mo

Valuation Metrics

0
DSCR
4.42%
Cap Rate
4.42%
ROI

Map

Zoning

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CI-B MixedMixed UseCommercial Industrial B
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Last updated Jun 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Jeremy Cyrier, CCIM, CRE
License
NH 072456
Brokerage Phone
6176742043
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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