538 Calef Highway

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30474739
Property Subtypes: Free-Standing Building, Restaurant, Other
Status: Pending/Contingent
Building Size (RSF): 740 SF
Gross Building Area: 720 SF
Gross Land Area: 0.07 Acres
Sale Price: $289,000
Unit Price: $390.54 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Phils Diner
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2019

Overview / Comments

Great opportunity to own property and a business on busy Route 125 in Barrington. It was previously run as a local diner, but has many options in this location which is zoned commercial/industrial. There is 440' of frontage with three highway/driveway cuts on this busy major highway. Route 125 serves as the major connector to the inter-regional highways. Other businesses in the immediate area are restaurants, general stores, a bank, automotive, gas stations, pet supply store and others. This location is just off the Calef Highway Rt 9 (Franklin Pierce Highway ) intersection with Citizens Bank, Irving, Christmas Dove, Calefs Country store and Milo's restaurant.

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Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 238-048-000
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Frank Jones Pub and Knights Garage
Property Visibility: Excellent
Largest Nearby Street: Route 9
Feet of Frontage: 440
Highway Access: Located on Rt 125, next to Rt 9 providing east - west and north - south highway access. Spaulding Turnpike is 6 miles north and Rt 101 is approximately 13 miles south.
Airports: Rochester - Skyhaven Airport
Site Description: Level, gravel, 3 driveway access points on the highway now. long 440 ft frontage
Area Description: Commercial district for the town of Barrington, capturing both local and transient traffic due to the high traffic counts.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 750 SF
Property Condition: Poor
Year Built: 1950
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: The building is in poor condition. The siding needs attention as does the roof.
Total Parking Spaces: 50
Parking Type: Surface
Parking Description: Gravel and Paved mixed lot
Sprinklers: None
Heat Type: Oil
Heat Source: Central
Air Conditioning: Window Unit, Other
Interior Description: Tables, chairs, counter and stools along with Kitchen and baths
Zoning Description: Commercial
Lot Frontage: 400
Water Service: Well
Sewer Type: Septic
Easements Description: none noted
Land Ownership: Fee Simple
Legal Description: 3612/324

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,729 8,315 38,953
Median Age: 40.78 40.66 37.11
Households: 662 3,124 13,695
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