Restaurant Property and Business For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30876485
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 9,260 SF
Gross Land Area: 1.70 SF
Sale Price: $4,400,000
Unit Price: $475.16 PSF
Property Use Type: Business
Building Name: Granite Steak and Grill
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/14/2024

Overview / Comments

Granite Steak and Grill and Smokeys Tavern is an Iconic New Hampshire Establishment that was founded in 1968 and completely renovated in 2005. The property consists of a two story 9,260 sf restaurant /Tavern/ Bar. The property has 200 ft of frontage Rt.11 and is less than a 1/4 mile from highway Rt. 16. Th restaurant has over 200 seats and has 125 Parking spaces. The Sale includes the existing restaurants, Land and building.

Current Tenants

Tenant Business Name Granite Steak and Grill

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 0221/0165/0000//
Zoning: GRANITE RIDGE DISTRICT
Property Visibility: Excellent
Largest Nearby Street: Route 11
Feet of Frontage: 200
Traffic/Vehicle Count: 32,000
Highway Access: 1/4 mile from Route 16
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1968
Year Renovated: 2005
Roof Type: Arched
Construction/Siding: Wood Frame
Exterior Description: Clean New England look
Total Parking Spaces: 125
Parking Type: Surface
Sprinklers: Dry
Heat Type: Propane, Other
Heat Source: Baseboard, Central
Air Conditioning: Package Unit
Internet Access: T1/T3
Interior Description: upstairs sit-down casual dining. Lower-level Tavern /Sports Bar sit-down pub dining
Zoning Description: Granite Ridge District
Lot Frontage: 200 ft
Lot Depth: 200 ft
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,719 21,882 40,209
Median Age: 39.72 40.17 40.94
Households: 1,187 8,973 16,425

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