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    199 Main St Troy, NH 03465

    For Sale
    $350,000

    Two buildings, 2.54 acres, high traffic.

    Property size:
    6,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property presents a unique investment opportunity in Troy, New Hampshire. Located on a highly visible 2.54-acre lot directly on NH Route 12, a major thoroughfare connecting to the Greater Boston area, this property boasts unparalleled exposure. The main building, totaling 6,100 square feet, currently houses a successful restaurant tenant, generating immediate income potential. The restaurant features a dedicated function room, two restrooms, and substantial storage space. A large warehouse is also included, complete with two convenient loading docks. This provides flexibility for a variety of uses, from continued restaurant operation to conversion into office or retail space. Ample off-street parking is available, catering to both employees and customers. A secondary building, measuring 740 square feet, offers additional space, equipped with heat and electricity, ideal for office use or expansion of existing operations. Existing signage ensures maximum visibility for any business. The property's location near Keene, NH, further enhances its appeal and accessibility. This is a rare opportunity to acquire a well-positioned, income-generating property with significant potential for growth and diversification in a thriving business zone.

    Property Features for 199 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,100 SF
    Lot Size
    110,642 SF

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Royal Spice Indian Restaurant

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Clothing Store Food Market Storage Facility Grocery Store Convenience Store Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Cheshire
    State
    New Hampshire
    Longitude
    -72.1886
    Latitude
    42.84138

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    FAQs

    What type of property is this?
    Commercial real estate - Two buildings, 2.54 acres, high traffic.
    Where is this commercial real estate located?
    The property is located at 199 Main St Troy, NH.
    What is the asking price?
    The asking price for this property is $350,000.
    Request Owner's contact information
    199 Main St Troy, NH 03465
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    Troy, NH 03465
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    199 Main St Troy, NH 03465
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