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.
Durham is located in New Hampshire. Durham, New Hampshire has a population of 15,410. Durham is more family-centric than the surrounding county with 37.27% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Durham, New Hampshire is $87,396. The median household income for the surrounding county is $76,560 compared to the national median of $69,021. The median age of people living in Durham is 20.6 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 47.1 inches per year, with 52.5 inches of snow per year.
