Restaurant/Club Opportunity

Hospitality for Sale
Catylist Listing ID: 30865462
Number of Units: 1 Units
Building Size (RSF): 5,706 SF
Gross Building Area: See Agent
Gross Land Area: 1,850 SF
Sale Price: $1,000,000
Unit Price: $1,000,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: Nashua Garden
Name of Establishment: Nashua Garden
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/16/2024

Overview / Comments

Located in an Opportunity Zone, the home of the Nashua Garden, 121 Main St is a 5706SF masonry downtown 3 story building with a great history of a thriving restaurant and entertainment enterprise. The building is for sale with all the equipment and furnishings. The third floor opens to an 880 SF roof area in the rear with with spectacular western sunset views over the Nashua River. With a little clean up and administrative details you could score big here at the home of the Nashua Garden.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $7,807 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 36148
Zoning: COMMERCIAL
Retail Clientele: Business, Recreation
Property Located Between: Water St and Factory St
Property Visibility: Excellent
Largest Nearby Street: Main
Feet of Frontage: 20
Traffic/Vehicle Count: 8,633
Site Description: city lot
Area Description: downtown
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Average
Year Built: 1920
Roof Type: Flat
Construction/Siding: Brick, Concrete
Exterior Description: masonry
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Lot Frontage: 20
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,643 89,095 127,074
Median Age: 35.2 39.26 39.28
Households: 10,332 35,283 49,679

Contact

Photograph of Listing Agent

Steven Cotran

RE/MAX AREA REAL ESTATE NETWORK
NECPE Member
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