Turn-Key Restaurant

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30180186
Property Subtypes: Restaurant
Status: Pending/Contingent
Building Size (RSF): 1,450 SF
Sale Price: $349,900
Unit Price: $241.31 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2018

Overview / Comments

Existing 40 Seat Restaurant, Pizza, Breakfast, Lunch, Dinner Opportunity with Large, Updated Outside Seating/Deck on Busy Route 121 at the intersection of Manchester/Hooksett/Raymond/Chester Rd. Many recent upgrades: AC, Electric, Vinyl Siding, Fire Alarm Panel, Kitchen Exhaust Hood, Roof, ADA Compliant Ramp, Entrances and Bathrooms. Highly Visible location and signage with over 20 parking spaces, directly next to the Gulf gas station and New Auburn Supermarket. Priced as Real Estate Only, Furniture Fixtures and Equipment available for very reasonable purchase to make this a completely ready-to-operate opportunity. Prior business owners have operated an ice cream window which is still accessible and functional. There are many food service related opportunities for this premiere drive-by, restaurant-ready property in Auburn. This is a 1,495 SF building which has additional cold storage/shed and sits on 2 acres, zoned Commercial 1 & 2.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Auburn
Tax ID/APN: 02820-26-0019-0000
Zoning: COMMERCIAL
Property Visibility: Excellent
Airports: Manchester - Boston Regional Airport
Year Built: 1945
Year Renovated: 2012
Total Parking Spaces: 20
Parking Type: Surface
Heat Type: Propane
Air Conditioning: Engineered System
Lot Frontage: TBD
Water Service: Well
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,825 8,251 51,429
Median Age: 43 42.79 40.01
Households: 653 3,041 20,079

Contact

Photograph of Listing Agent

Ronald Fredette

KW Commercial, NH NECPE Member
Photograph of Listing Agent

Dave Gambaccini

KW Commercial, NH
NECPE Member
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