Manchester, NH Conventional restaurants for sale

Updated: Jun 10

Remodeled Restaurant and Barber Units

194-196 LAKE Ave 1 & 2, Manchester, NH 03103

$799,000

3,750 sqft

Two‑unit building built in 1958 with front parking and mixed‑use setup
Brand new stainless‑steel restaurant kitchen plus state‑of‑the‑art exhaust fan
Remodeled restaurant building with 3,750 sq ft (Unit #1) and seating for 45
Includes separate long‑term barber tenant in Unit #2 (lease covers most of building cost, per remarks)
Buyer can purchase whole building, land, and restaurant business for $799,000; or buy restaurant business only for $275,000 and lease the building for $3,000/month with an option to buy later

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This listing looks promising.

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194-196 LAKE Ave 1 & 2, Manchester, NH 03103

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$64K
Annual
Price @ 7% Cap

$921K
Above asking

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Updated: Jun 11

Restaurant and Barbershop Building

194-196 LAKE Avenue, #1 & 2, Manchester, NH 03103

$799,000

3,750 sqft

1958‑built 3,750 SF building includes a remodeled restaurant‑ready Unit #1 and a long‑term barbershop tenant in Unit #2
Unit #1 restaurant seats 45 and offers take‑out and delivery business
New restaurant equipment and a brand new stainless‑steel kitchen, including a state‑of‑the‑art exhaust fan
Parking in front of the building
Buy whole building and business for $799,000, or purchase the restaurant business only for $275,000 and lease the building for $3,000/month

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Manchester, NH, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turn-Key Restaurant in Downtown Nashua

57 Factory St, Nashua, NH 03060

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4,393 sqft

Fully reconstructed restaurant with rooftop deck and riverfront views.

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Mixed-Use Retail and Apartment

123 Union Square, Milford, NH 03055

$700,000

2,714 sqft

First-floor restaurant space with a commercial kitchen and an upstairs fully renovated 3-bedroom apartment.

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Signalized Intersection Restaurant NNN

233 Main Street, Nashua, NH 03110

$750,000

Single-tenant NNN restaurant with off-street parking at a signalized intersection in Nashua.

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Landmark Restaurant Property

251 Elm St, Milford, NH 03055

Contact for pricing

Restaurant property for sale with strong visibility, signage, ample parking, and easy access near major roadways.

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Manchester, NH Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Manchester, NH on our real estate platform. These investment opportunities span a total of 7,500 square feet of properties for sale, with an estimated market value of $1,598,000.

Sale prices for conventional restaurants in Manchester, NH average $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
03103	$624.3K

Neighborhood

Average Price

03103

$624.3K

Manchester, NH Conventional Restaurants for Sale

194-196 LAKE Ave 1 & 2, Manchester, NH 03103

194-196 LAKE Avenue, #1 & 2, Manchester, NH 03103