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$2,495,000
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Property Description
15 Newmarket Road in Durham is strategically located within the New Hampshire Seacoast and directly integrated into the vibrant University of New Hampshire community, offering a compelling opportunity for multifamily redevelopment. The property is improved with three existing structures, including a two-story main building totaling 7,175± SF, the Salt Shed at approximately 576± SF, and the Commissary building with public restrooms totaling approximately 624± SF. Recent zoning amendments (Ordinance #2025-07) permit multi-unit residential development by right, positioning the site for a potential redevelopment. This zoning amendment creates an opportunity for developers to reposition the property into highly desirable multifamily housing, supported by strong demand.
Full Property Details
Full Property Details for 15 Newmarket Rd
General
- Price: $2,495,000
- Taxes: (2024)
- Status: Active
- Type: Retail
- Source: PrimeMLS
- MLS ID: 5030935
- Updated: 3/18/2026
- Added to Site: 396 day(s) ago
Location
- County: Strafford
Utilities
- Sewer: Public
Structural Information
- Square Feet: 8,375
- Finished Total: 8,375 Sq. Ft.
Lot Features
- Frontage: Yes Road Frontage
- Zoning: Courthou-Historic Overlay
Financial Considerations
- Price Per Sq. Ft.: $297.91
- Tax Year: 2024
Listed by The Boulos Company, Christian Stallkamp
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Schools
Schools serving 15 Newmarket Rd
School District:Oyster River Cooperative School District
| Name | Grades | Distance |
|---|---|---|
Oyster River Middle School 1 Coe Drive, Durham, NH 03824 | 5-8 | 0.4 mi |
Mast Way School 23 Mast Road, Lee, NH 03861 | K-4 | 4.5 mi |
Oyster River High School 55 Coe Drive, Durham, NH 03824 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Newmarket Rd
Date
Details
Price
Change
Source
1/06/2026
Price Reduced
$2,495,000
-7.42%
MLS
7/23/2025
Price Reduced
$2,695,000
-6.91%
MLS
3/14/2025
Price Reduced
$2,895,000
-12.14%
MLS
3/04/2025
Listed
$3,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15 Newmarket Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$61,915
17%
$3,045,500
18%
2023
$52,888
38%
$2,582,400
96%
2022
$38,307
4%
$1,319,100
—
2021
$36,897
2%
$1,322,000
1%
2020
$36,243
1%
$1,307,000
—
2019
$35,851
10%
$1,307,000
7%
2018
$32,669
34%
$1,219,000
53%
2017
$24,396
14%
$796,200
10%
2016
$21,468
100%
$722,100
9%
2015
100%
$662,100
—
2014
100%
$662,100
-17%
2013
—
$799,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 Newmarket Rd
15 Newmarket Road, Durham, NH 03824 (MLS# 5030935) is a Retail property. 15 Newmarket Road is currently listed for $2,495,000 and was received on March 04, 2025. Want to learn more about 15 Newmarket Road? Do you have questions about finding other Retail real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

