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Property profile & analytics
OFF-MARKET
Turn key restaurants

254 Riv Rd Hooksett, NH 03106-2632

4,653 SF 2.34 ac lot Built 2012
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US58-0658969
Property summary
AI-generated overview

This exceptional 0.75-acre commercial condo lot is situated on heavily trafficked Route 3A in Hooksett, New Hampshire, boasting approximately 13,000 cars per day. The property offers over 200 feet of excellent road frontage, providing significant visibility for any business. Its highly flexible commercial zoning allows for a wide array of uses, including retail, office space, daycare centers, convenience stores, gas stations, medical facilities, and restaurants. Water access is readily available at the street. This lot presents a unique opportunity to establish a business alongside two already successful neighboring businesses: The Pizza Man of Hooksett and Merrivale Ice Cream. The strategic location and high traffic volume make this an ideal investment for entrepreneurs seeking maximum exposure and accessibility. Furthermore, a separate, larger 21,000 square foot condo lot is also available on the site, featuring its own curb cut, potentially suitable for businesses requiring drive-through access. This presents an additional opportunity for expansion or complementary business development. Existing curb cuts are already in place, simplifying the setup process for new businesses. The asking price for this 0.75-acre lot is $200,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2012
Construction FRAME
Total area 4,653 SF
Lot 2.34 ac (101,930 SF)
Zoning code COM
APN HOOK M:17 B:36
UPID US58-0658969
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mary J Coronis · 5 yrs held
Mary J Coronis
since 2020
3 recorded transactions
2020
$207,533
2012
Price N/A
2009
$300,000
Zoning & alternative use
COM · Hooksett, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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