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: 6/16/2021

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.

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

Mary M. Doherty

Peabody & Smith Realty Inc.
NECPE Member
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