Restaurant or Development Opportunity On Littleton's Meadow Street
Retail-Commercial
for Sale
| Catylist Listing ID: |
30716509 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Street Retail
|
| Building Size (RSF): |
1,794 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.40 Acres
|
| Sale Price: |
$419,000 |
| Unit Price: |
$233.56 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Meadow Ice Cream |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/26/2021 |
Overview / Comments
|
Summer is coming and this is the perfect opportunity to open your own restaurant on Littleton's popular Meadow Street. Folks have been frequenting this spot for over 20 years! While the business is not for sale, the land, building and most of the equipment is so bring your thoughts, talent and create your own menus! The building includes a kitchen area with OUTSIDE ordering/pickup windows as well a large deck to accommodate OUTDOOR seating. No worries, COVID won't be with us forever so there is also an indoor dining area with a bar. Wait...there's more. A one-bedroom apartment is above it all that can be used by an owner or rented out for added income. The sizeable lot provides ample room for parking. Need more income? Billboard rentals on the lot provides an added $4,600/ year. Add town water, town sewer, great visibility to the mix and you have a great recipe for success! This is a great opportunity to continue with food service or renovate the building or site to accommodate another venture.
|
Additional Details
| Nearest MSA: |
Lebanon |
| County: |
Grafton |
| Tax ID/APN: |
77-59-0 |
| Zoning: |
C-4 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Located Between: |
Property is across from The Armory and Burger King and minutes to US Rte 93 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Route 302/10 |
| Highway Access: |
On NH's Route 302; Less than half a mile to US Route 93 and within 30 minutes to US Route 91 |
| Airports: |
Manchester Airport is within 1.5 hours |
| Site Description: |
Major Road Frontage |
| Area Description: |
Business District, Commercial Zoning,Near Shopping |
| Tenancy: |
Single Tenant |
| Property Condition: |
Average |
| Total Parking Spaces: |
15 |
| Parking Type: |
Surface |
| Parking Description: |
Parking is surface parking on site. |
| Heat Type: |
Other |
| Air Conditioning: |
Other |
| Lot Frontage: |
197.2 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
824 |
3,705 |
6,880 |
| Median Age: |
39.14 |
42.24 |
43.65 |
| Households: |
389 |
1,737 |
3,058 |
|
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