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    Newmarket, NH 03857

    Sponsored
    For Sale
    $50,000

    Turnkey Business: Lease or JV Opportunity

    Property size:
    8,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 8,500 square foot entertainment venue, operating successfully since 1934, presents a unique investment or lease opportunity. Located in Newmarket, NH, this historically significant building boasts a rich legacy of hosting big bands, rock concerts, comedy shows, workshops, and private events. A key feature is its expansive 4,000 square foot hardwood dance floor, one of the largest in New England. The property also includes a fully equipped kitchen, a bar, and a green room, all contributing to a nostalgic and charming atmosphere. The venue has an approved occupancy of up to 500 people, catering to a wide range of events. Its strategic location, just 15 minutes from Durham, Exeter, and Portsmouth, places it within New Hampshire's vibrant Seacoast region, benefiting from favorable demographics and high housing values. The high volume of daily traffic (12,000 vehicles per day) on nearby Route 108 ensures significant visibility and accessibility. This turnkey operation is offered as a complete package, including all business assets, for lease or a joint venture with a qualified party. The building itself is not for sale. The high demand for live entertainment venues in this area makes this a compelling investment prospect. Separate sale of business assets is not permitted. For lease information, please refer to MLS 4840098.

    Property Features for

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,500 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1934
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newmarket
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.92064
    Latitude
    43.13293

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Business: Lease or JV Opportunity
    Where is this commercial real estate located?
    The property is located at Newmarket, NH.
    What is the asking price?
    The asking price for this property is $50,000.
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    Newmarket, NH 03857
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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
    Newmarket, NH 03857
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