- For Sale $1,750,000
- Property Type Industrial - Flex - Industrial
- Property Size 14,650 SF
- Lot Size 31.9 Acre
- Property Tenancy Single Tenant
- Date Updated Oct 16, 2026
- Grade Level Doors 4
- HVAC None
Description
Located along NH Route 119 in Rindge, New Hampshire, 233 NH-119 offers convenient access to southern New Hampshire and northern Massachusetts. The property is less than one mile from the Massachusetts state line, providing a strategic location for businesses serving both markets. With direct frontage along a state-maintained roadway, the site offers accessibility for commercial and industrial operations, with regional connectivity to nearby communities throughout the Monadnock region.233 NH Route 119, Rindge, NH | Industrial Investment on 31.9± Acres
Offered at $1,750,000 | Leased warehouse and canopy building, with large-scale development upside
233 NH Route 119 is an income-producing industrial property on 31.9± acres in Rindge, New Hampshire, zoned Business Light Industry. It currently generates a net operating income of $112,388 from an established tenant. That income gives a new owner stable cash flow while they improve the property and build out the remaining land.
The main warehouse totals approximately 14,650 SF and has four 14' x 14' overhead doors. A second structure, a 9,500± SF canopy building with a metal roof, three walls and a dirt floor, provides covered storage for vehicles, equipment or materials. The building is served by two 400-amp electrical panels, along with private water and sewer. A locking gate at the entrance secures the site.
The warehouse and canopy building are leased to a single tenant who has occupied the property since July 1, 2022. The tenant pays all utilities, snowplowing and landscaping under a modified gross lease, which keeps ownership’s management obligations light. The lease includes one 3-year renewal option beginning July 1, 2027.
The true value of this offering lies in what comes next. With the tenant covering operating costs, a buyer can invest in improvements to the existing buildings and pursue development of the additional acreage. The Business Light Industry zoning and the size of the site support a range of concepts, including additional industrial buildings, self storage, alternative building configurations, and a potential cell tower lease. Each of these could add income streams and long-term value. Whether you are an investor looking for income with meaningful upside or an owner-user planning future expansion, 233 NH Route 119 offers a rare combination of scale, flexibility and income in place.
Highlights
- 14,650± SF warehouse with four 14' x 14' overhead doors
- 30+ acres suitable for vehicle storage and future development
- 31.9± acres zoned Business Light Industry
- 9,500± SF canopy building with metal roof and three walls
- Asking price: $1,750,000
- Development potential: additional industrial buildings, self storage, alternative building concepts, possible cell tower
- Net operating income: $112,388
- One 3-year renewal option available July 1, 2027
- Private water and sewer
- Secure site with locking gated entrance
- Tenant in place since July 2022 on a modified gross lease; tenant pays utilities, snowplowing and landscaping
- Two 400-amp electrical panels
- Value-add opportunity: improve existing buildings while income is in place
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Contacts
Dave Tanguay
Commercial Realty Associates
Location
Contact Listing Broker
Dave Tanguay
Commercial Realty Associates