1421 NH Route 119, Rindge, NH

Retail-Commercial for Sale
Catylist Listing ID: 30833297
Property Subtypes: Mixed Use
Building Size (RSF): 2,330 SF
Gross Building Area: See Agent
Gross Land Area: 2.50 Acres
Sale Price: $1,290,000
Unit Price: $553.65 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 4/26/2024

Overview / Comments

Exceptional 2.50-acre investment or development opportunity on the corner of New Hampshire Routes 119 and 202 in Rindge. Just minutes from the Massachusetts border, this prime commercial location features two curb cuts on both major frontage routes and a rear property line abutting Market Basket plaza. This opportunity includes the 1949 Silk City Diner (~1,560SF) as well as a separate three-story brick building currently leased by an investment company (~1,160SF) with a2.0BD/1.0BA apartment (~1,170SF) above. The brick building's basement offers approx. 1,000 unfinished SF currently used as storage for the tenants, along with a 1-car garage and washer/dryer hookups. Tenants in lease until October 31, 2024. Septic is 1.5 years old. Diner is listed separately as well, with no land attached to that sale. See MLS 4941292. Diner details: this is the rare opportunity to own a restored vintage 1949 Silk City Diner in a turnkey state. Currently located at 1421 NH Route 119 in Rindge, NH and operating as the Hometown Diner, this diner was restored with care and intention in 2010 to factory standards, with only a slight modification to allow for more spacious seating and ADA accessibility. The diner building and its contents – furniture, fixtures, and most appliances and inventory – are included in the sale. The diner will need to be transported and relocated to the buyer's desired location at the buyer's expense. No land, no business included. Agent is related to the seller.

Additional Details

Nearest MSA: Keene
County: Cheshire
Tax ID/APN: RIND M:6 L:17 U:1
Zoning: GATEWAY
Property Visibility: Excellent
Highway Access: NH Routes 119 and 202
Total Number of Buildings: 2
Property Condition: Good
Year Built: 1954
Parking Type: Surface
Lot Frontage: 581 ft

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,131 11,330
Median Age: 31.22 35.47
Households: 1,887 3,980

Contact

Photograph of Listing Agent

Sadie Halliday

Halliday Group / eXp Realty
NECPE Member
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