585 Calef Hwy, Barrington, NH 03825

585 Calef Highway, Barrington, NH presents a compelling value-add retail investment opportunity along busy Route 125. Offered at a reduced price of $1,500,000, this approximately 10,857 RSF multi-tenant strip center sits on 2.739 acres with 823.8 feet of frontage, offering strong visibility and future expansion potential. The property features a stable mix of long-term tenants, including Hodgey’s Barbershop, Journey Thrift Shop, Pet Connection, and Jeff’s K-1 Heating, plus a unique secondary income stream from a propane land lease. Current annual gross income is $100,320 with NOI of approximately $74,715.92. A 900 SF vacant unit provides immediate lease-up upside, while below-market rents create additional medium-term income growth potential. Recent capital improvements include a new roof installed in 2019, adding long-term value and reducing near-term maintenance concerns. The Seller owns the Pet Connection and would consider a sale and lease back. With established tenancy, repositioning potential, and room to grow, 585 Calef Highway, Barrington, NH is an attractive opportunity for investors seeking stable cash flow with upside in a high-visibility commercial corridor.