864 Page St, Manchester, NH

Retail-Commercial for Sale
Catylist Listing ID: 30800470
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad
Building Size (RSF): 1,080 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Sale Price: $349,000
Unit Price: $323.15 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/30/2022

Overview / Comments

Here's an opportunity to acquire a small restaurant in a high traffic area with off-street parking. The restaurant is currently operating and has a full kitchen with hood, professional commercial kitchen equipment and grease trap in place. The great setup can accommodate frequent takeout orders and offers a complete dining area, plus 2 bathrooms.

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Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 473-35
Zoning: R-1B
Retail Clientele: General, Family, Business, Traveler
Site Description: It is located in a busy area near many businesses and residential neighborhoods. The building is highly visible and has good signage - it would be an ideal location for a number of different restaurants concepts such as breakfast/lunch take out cafe, pizza, smoothie/cafe, fast casual takeout and more.
Area Description: Manchester is the most populous city in northern New England. It often appears favorably in lists ranking the affordability and livability of U.S. cities, placing particularly high in small business climate, affordability, upward mobility, and education level according to CNNMoney, Forbes, and Insider. This city supports of 650 restaurants, has many places for entertainment, and has a bustling downtown. Located in the traveler's commute corridor and close to the highway, bus lines, shopping and schools, this location serves commuters and the local residential community. There is parking on site, as well as small outdoor green space.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1956
Year Renovated: 2005
Roof Type: Gable
Construction/Siding: Wood Frame
Total Parking Spaces: 4
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Lot Frontage: 60
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,304 88,077 137,260
Median Age: 42.77 36.91 37.57
Households: 3,830 36,064 55,756
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