Restaurant / Redevelopment Opportunity for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30179180
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,953 SF
Gross Building Area: See Agent
Gross Land Area: 0.11 Acres
Sale Price: $879,000
Unit Price: $297.66 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

2,953 SF with large outdoor seating area. Located in the heart of Downtown, a new 4 Story, 123 Room Residence Inn by Marriott next door. SNHU Arena is located on adjacent block.

Includes $150,000.00 worth of improvements and fixtures (inventory list available upon request). Property can be expanded an additional 2,100 SF (using outdoor seating area) for a total of 5,053 SF.

Owner financing available.

Attachments & Media


Finance Data Year 2018
Real Estate Taxes - Annual($) $7,027 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Submarket Type: Central Business District
Tax ID/APN: 02-039602
Property Visibility: Excellent
Largest Nearby Street: Elm Street
Highway Access: I-293 Exit 4
Airports: Manchester Boston Regional Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,953 SF
Property Condition: Excellent
Year Built: 1920
Roof Type: Flat
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: On Street
Sprinklers: None
Heat Type: Propane
Air Conditioning: Evaporative Cooler
Zoning Description: CBD
Lot Frontage: 50
Water Service: Municipal
Sewer Type: Municipal
Legal Description: The information contained herein is from sources deemed reliable, but is not guaranteed by Stebbins Commercial Properties LLC. All data is subject to error or omissions without notice. Buyers or tenants are encouraged to perform their own inspections and due diligence on this property.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,280 107,708 141,599
Median Age: 32.6 36.85 37.57
Households: 13,737 43,964 56,893
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.