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    161 Loudon Rd Concord, NH 03301

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    For Sale
    $1,500,000

    Prime retail site, formerly a restaurant, with ample parking.

    Property size:
    14,947 SF
    Lot size:
    0.89 Acres

    Property Features for 161 Loudon Rd

    General Information

    Size
    14,947 SF
    Lot size
    0.89 Acres

    Source: Fairway RE LLC CD Agent Wendy E. Keeler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Restaurant on Loudon Road

    Located on the corner of Loudon Road and East Side Drive, this property presents a development opportunity. The site was formerly occupied by The Red Apple Buffet restaurant. The first floor measures approximately 10,452 square feet, with a finished lower level of approximately 4,495 square feet and an unfinished basement of 4,915 square feet. The property includes existing furniture and seating for 325 patrons on the main level. The lower level features a former bar and dance floor. Two coolers and one cooler with freezer are present. The property benefits from a large, level corner lot with ample parking space. On-site parking provides 62 spaces. The total property size is 14,947 square feet. The owners will consider leasing the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.5056276
    Latitude
    43.2173718

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    FAQs

    What type of property is this?
    Restaurant - Prime retail site, formerly a restaurant, with ample parking.
    Where is this restaurant located?
    The property is located at 161 Loudon Rd Concord, NH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime corner lot location on Loudon Road, ideal for redevelopment.; - Large 10,452 +/- sq ft first floor with existing restaurant infrastructure, including furniture and seating for 325.; - Significant additional space: 4,495 +/- sq ft finished lower level with bar and dance floor, plus 4,915 +/- sq ft unfinished basement.
    (603) 496-2819
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    161 Loudon Rd Concord, NH 03301
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    Concord, NH 03301
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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
    161 Loudon Rd Concord, NH 03301
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