Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    83 Nh Rte 4A Lebanon, NH 03766

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,195,000

    Established restaurant on Mascoma Lake with indoor and outdoor seating.

    Lot size:
    0.41 Acres

    Property Features for 83 Nh Rte 4A

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.41 Acres

    Building Details

    Year built
    1955

    We can help!

    Listing Contact
    Leafie Casey Cantlin
    Source: Elliman

    Listing Agent: Leafie Casey Cantlin

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

    Learn more

    Overview

    Waterfront Restaurant with Outdoor Seating

    This waterfront restaurant, a community favorite for 70 years, is located on Mascoma Lake. Known as The Baited Hook, the restaurant operates year-round and offers seating for 60 patrons indoors. During the summer months, outdoor seating expands the capacity to accommodate a larger number of guests. Patrons have the option to dock their boats and dine in or take out. The property features multiple docks, deck dining, and an ice cream counter. The location overlooks Mascoma Lake. Potential growth opportunities include catering, pirate ship events, and a soft-serve snack shack.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Lebanon
    County
    Grafton
    State
    New Hampshire
    Longitude
    -72.225
    Latitude
    43.6309

    Nearby Similar for Sale

    • $1,600,000
      3,700 SF

      Versatile Commercial Property on 7 Acres

      Mixed-use commercial property with road frontage and multiple buildings.
      240 Meriden Rd, Lebanon, NH 03766
      View Details
    • $625,000

      Updated Multifamily Investment Property

      Fully leased multifamily property in the heart of Lebanon.
      26 Parkhurst St, Lebanon, NH 03766
      View Details
    • $485,000

      Renovated Duplex with River Views

      Well-maintained duplex in Lebanon, NH with modern renovations and river views.
      37 Water St, Lebanon, NH 03766
      View Details
    • $625,000

      Updated Multifamily Investment Opportunity

      Fully leased multifamily property in the heart of Lebanon.
      26 Parkhurst St, Lebanon, NH 03766
      View Details
    • $850,000

      Lebanon NH Four-Unit Property

      Four-unit property in Lebanon, NH, with investment and lifestyle appeal.
      20 Summer St, Lebanon, NH 03766
      View Details
    • $1,350,000

      Main Street Commercial Property

      Commercial property for sale on Main Street.
      36-48 Main St, Lebanon, NH 03784
      View Details
    • Contact for pricing
      7,968 SF

      Neo-Classical Office Building in Lebanon

      Office space available in a convenient location with easy access.
      93 S Main St, Lebanon, NH
      View Details
    • Contact for pricing

      Lebanon, NH Specialty Property

      Specialty property available for sale in Lebanon, New Hampshire.
      326 Dartmouth College Hwy, Lebanon, NH 03766
      View Details
    • Contact for pricing

      Fully-Leased Industrial Building For Sale

      156,416 SF industrial building in West Lebanon, NH.
      82 Benning St, West Lebanon, NH 03784
      View Details
    • $399,900
      3,763 SF

      Lebanon Commercial Property - High Potential

      Downtown Lebanon, versatile space, great location.
      181 Mechanic St, Lebanon, NH 03766
      View Details
    • Contact for pricing

      Retail Space with Loft

      Improved retail space featuring new HVAC and open loft.
      27 Glen Road Plz, West Lebanon, NH
      View Details
    • Contact for pricing

      Retail Site on Miracle Mile

      0.86 acre retail site on the Miracle Mile.
      345 Miracle Mile, Lebanon, NH 03756
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established restaurant on Mascoma Lake with indoor and outdoor seating.
    Where is this restaurant located?
    The property is located at 83 Nh Rte 4A Lebanon, NH.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Premier waterfront restaurant location on Mascoma Lake with 70-year history.; - High-volume seasonal business potential with **indoor (60 seats) and extensive outdoor seating**.; - Boat access with multiple docks for patrons.
    (603) 252-9080
    Request Owner's contact information
    83 Nh Rte 4A Lebanon, NH 03766
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    83 Nh Rte 4A
    Lebanon, NH 03766
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    83 Nh Rte 4A Lebanon, NH 03766
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Leafie Casey Cantlin
    (603) 252-9080 (603) 632-5757
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!