HOME TO AN AWARD WINNING CHINESE RESTAURANT

Retail-Commercial for Sale
Catylist Listing ID: 30334406
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 4,716 SF
Gross Building Area: 7,904 SF
Gross Land Area: 0.24 Acres
Sale Price: $475,000
Unit Price: $100.72 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 4,716 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/24/2019

Overview / Comments

HOME TO AN AWARD WINNING CHINESE RESTAURANT! As you enter the restaurant, you will be lead to the hostess area. The restaurant is on one side of the main entrance and the bar on the other. The restaurant side of the business includes a full kitchen, main dining room, a separate dining area for a large party, and work areas for the servers. On the other side of the main entrance is an elevated bar area conveniently separating the bar from the dining area. There is a small elevator available to help guests who cannot make the stairs. This area is spacious and includes a quaint bar, a large seating area and a service area for the wait staff, as well as, access to an inviting outdoor patio. There is seating for approximately 100 guests. Above the bar area is where you'll find a large residential living space which is divided into 6 bedrooms, a full kitchen, a full bath as well as a 3/4 bath. Ample parking is located behind the building.

Additional Details

Nearest MSA: Concord
County: Merrimack
Taxing Authority: Concord New Hampshire
Tax ID/APN: 07046-1739
Zoning: CU
Retail Clientele: General
Property Located Between: N Main Street and I-93
Property Visibility: Excellent
Largest Nearby Street: Loudon Road
Feet of Frontage: 100
Traffic/Vehicle Count: 93
Highway Access: I-93 is less than one mile from the subject property.
Airports: Manchester Boston Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1900
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: Parking lot located behind the building
Sprinklers: None
Heat Type: Natural Gas, Steam, Other
Heat Source: Baseboard, Central, Other
Air Conditioning: Evaporative Cooler, Window Unit, Other
Zoning Description: The Urban Commercial (CU) District is established to recognize areas adjacent to the downtowns of Concord and Penacook as well as proximate to Downtown Residential Districts, within which are permitted a mixture of office, retail, restaurant, service, lodging, and high density residential uses. Appearance is important at these downtown entryways, as is compatibility with the abutting neighborhoods.
Lot Frontage: 100
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Excepting and reserving to the said Roland F. and Hazel R. Fuller and their heirs and assigns forever, a right of way over a strip of land located at the southwesterly corner of the premises herein conveyed, being over a triangular piece of land described in the deed.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,187 29,338 49,937
Median Age: 34.25 39.33 39.83
Households: 3,353 12,184 20,338

Contact

Photograph of Listing Agent

Thomas Roche

KW Commercial, NH
NECPE Member
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