18 Main Street

Business Opportunity for Sale
Catylist Listing ID: 30179610
Property Subtypes: Food and Beverage
Building Size (RSF): 5,797 SF
Sale Price: $889,000
Name of Establishment: The Coe House
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 11/15/2017

Overview / Comments

You are going to love this building. Purchased in 1998 by these owners, and the building was a wreck. After much hard work and historical renovation, The Coe House was restored and opened as a successful restaurant. Over the past 20 years, there has been success flowing in and out of this building. When renovated, every inch of wood was scraped to successfully remove any and all lead paint from the premises, and all the plumbing and electric was brought up to code and remains that way today. In the Presidents Room, the wall paper, in great condition, dates back to 1850 and was appraised for over $200K. Here is something you did not know, this is a condominium, part of the Center Harbor Village Association, and with this comes great value. The dues are $1,000./month, and included in the fee is your building insurance, the ground maintenance, work to any exterior part of this property like the fencing, the roof, the siding, etc. This owner believes the condo fees are well worth the investment. You are surrounded by successful and quality businesses helping you to succeed in your business. The proximity to Center Harbor Bay is perfect, offering your business to all the island owners that are here each summer. The Coe House has been successful restaurants in the past and is ready for you to open today; however, if you have other ideas, this building could house any number of successful businesses. We are ready to show you around.

Additional Details

Nearest MSA: Laconia
County: Belknap
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,929 7,995
Median Age: 46.1 49.63
Households: 1,319 3,522
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