2-18 MERCHANTS WY
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Location
2-18 MERCHANTS WY
Mblu
06/ P 5/ 1 / /
Owner
INTERCHANGE DEVELOPMENT LLC
Total Market Value
$6,036,700
Appraisal
$6,036,700
PID
108741
Building Count
5
Tract #
Tract #
Tract #
Tract #
Tract #
Tract #
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$4,398,600$164,000$61,300$1,412,800$6,036,700
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$4,398,600$164,000$61,300$1,412,800$6,036,700

Owner of Record
OwnerINTERCHANGE DEVELOPMENT LLC
Co-Owner
Address152 MORRILL RD
CANTERBURY, NH 03224-2305
Sale Price$0
Certificate
Book & Page 3911/0150
Sale Date11/18/2025
Instrument23

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
INTERCHANGE DEVELOPMENT LLC$0 3911/01502311/18/2025
INTERCHANGE DEVELOPMENT LLC$0 3868/07772309/20/2024
INTERCHANGE DEVELOPMENT LLC$0 3805/08892309/13/2022
INTERCHANGE DEVELOPMENT LLC$0 3752/16373108/09/2021
INTERCHANGE DEVELOPMENT LLC$0 3738/19862905/13/2021

Building Information
Building 1 : Section 1
Year Built: 2023
Living Area: 2,276
Replacement Cost: $740,955
Replacement Cost
Less Depreciation:
$741,000
Building Attributes
FieldDescription
Style:Fast Food Rest
ModelCommercial
GradeGood
Stories:1
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/RUBBER
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UsePEN V TAX MDL-94
Total Rooms 
Total Bedrms 
Total Baths2
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Trend 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,276 2,276
FOPPorch, Open 456 0
   2,732 2,276
Building 2 : Section 1
Year Built: 2023
Living Area: 6,830
Replacement Cost: $991,006
Replacement Cost
Less Depreciation:
$991,000
Building Attributes : Bldg 2 of 5
FieldDescription
Style:Shop Center LO
ModelCommercial
GradeAverage +10
Stories:1
Occupancy3.00
Exterior Wall 1Hardie Plank
Exterior Wall 2Stone/Masonry
Roof StructureFlat
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl Plank
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Bldg UsePEN V TAX MDL-94
Total Rooms 
Total Bedrms0
Total Baths6
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall 
Trend 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 6,830 6,830
CANCanopy 450 0
   7,280 6,830
Building 3 : Section 1
Year Built: 2024
Living Area: 4,858
Replacement Cost: $1,173,073
Replacement Cost
Less Depreciation:
$1,173,100
Building Attributes : Bldg 3 of 5
FieldDescription
Style:Profess. Bldg
ModelCommercial
GradeAverage +10
Stories:1
Occupancy1.00
Exterior Wall 1Hardie Plank
Exterior Wall 2Stone/Masonry
Roof StructureShed
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl Plank
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UsePEN V TAX MDL-94
Total Rooms 
Total Bedrms 
Total Baths 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall 
Trend 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,858 4,858
CANCanopy 64 0
FOPPorch, Open 18 0
   4,940 4,858
Building 4 : Section 1
Year Built: 2025
Living Area: 7,573
Replacement Cost: $1,554,434
Replacement Cost
Less Depreciation:
$1,352,400
Building Attributes : Bldg 4 of 5
FieldDescription
Style:Restaurant
ModelCommercial
GradeAverage +10
Stories:1
Occupancy2.00
Exterior Wall 1Hardie Plank
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverT&G/RUBBER
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2Terrazzo Epoxy
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UsePEN V TAX MDL-94
Total Rooms 
Total Bedrms 
Total Baths 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall 
Trend 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 7,573 7,573
   7,573 7,573
Building 5 : Section 1
Year Built: 2025
Living Area: 30,352
Replacement Cost: $2,822,736
Replacement Cost
Less Depreciation:
$141,100
Building Attributes : Bldg 5 of 5
FieldDescription
Style:Disc Dept Stre
ModelCommercial
GradeAverage
Stories:1
Occupancy6.00
Exterior Wall 1Hardie Plank
Exterior Wall 2Stone/Masonry
Roof StructureFlat
Roof CoverT&G/RUBBER
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UsePEN V TAX MDL-94
Total Rooms 
Total Bedrms 
Total Baths 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Trend 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 28,424 28,424
SPAService Production Area 2,268 1,928
   30,692 30,352

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #Comment
DUW1DRIVEUP WINDOW2.00 UNITS$16,100$16,1001 
CLR1COOLER REFRIG112.00 S.F.$3,000$3,0001 
CLR2COOLER FREEZER240.00 S.F.$9,100$9,1001 
CLR1COOLER REFRIG49.00 S.F.$1,300$1,3002 
CLR2COOLER FREEZER49.00 S.F.$1,900$1,9002 
ATM1AUTOMATC TELLR1.00 UNITS$47,000$47,0002 
NDPNIGHT DEPOSIT1.00 UNITS$8,100$8,1002 
SPR2SPR/WET/CON4858.00 S.F.$28,200$28,2003 
MEZ3MEZZ W/PARTNS2268.00 S.F.$3,900$3,9005ABOVE 54X42 SPA. MEZ=LOUNGE, MENS & WOMENS BATHROOM, MGR OFFICE, ELEC ROOM.
SPR1SPR-WET30692.00 S.F.$7,700$7,7005FULLY SPRINKLED
SPR1SPR-WET7573.00 S.F.$32,900$32,9004 
CLR1COOLER REFRIG136.00 S.F.$3,200$3,2004 
CLR1COOLER REFRIG70.00 S.F.$1,600$1,6004BEER KEG COOLER

Land
Land Use
Use Code5221
DescriptionPEN V TAX MDL-94  
ZoneGWP
Neighborhood0410
Category
Land Line Valuation
Size (Acres)10.12
Total Market Land$1,412,800
Appraised Value$1,412,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #Comment
TIFTIF BASE  531550.00 UNITS$0$01 
LT1LIGHTS-INCANDE  8.00 UNITS$9,500$9,5001 
SOPESOLAR ROOF ELEC  225.00 UNITS$22,500$22,5003ROOF SOLAR OPERATIONAL FOR 4/1/26, VERIFIED # ON PANELS VIA GIS AERIALS
SOPESOLAR ROOF ELEC  225.00 UNITS$22,500$22,5001 
PKLTPARKING LOT SPACE  104.00 UNIT$0$01 
LT2L-DBL INC LIGHT  4.00 UNITS$6,800$6,8001 

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