Two-Level Restaurant
For Sale
$325,000
12-2015 Main St, Bethlehem, NH 03574
Restaurant condo with two levels, a bar area, and seasonal sidewalk dining built for a full guest experience.
Property Size1,900 SF
Price / SF$171.05
Days on Market120
Property Features for 12-2015 Main St
General Information
Standard status
Active
Size
1,900 SF
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,679
Building Details
Stories
2
Listing Agency:
Badger Peabody & Smith Realty
Listed By:
Mary M Doherty · License #053401
(603) 823-5700
Source:
Exprealty
Added: Jun 8
Changed: Sep 12
Last Checked: Oct 4 at 4:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Badger Peabody & Smith Realty
Investment Insights
Based on property information with market context.
This offering includes a 1,900± SF, two-level restaurant condominium unit within a building that is shared with five other businesses. The space features an intimate dining room with well-spaced tables and a warm, social bar area. Seasonal outdoor dining is accommodated along the sidewalk with white picket fencing and seasonal plantings, creating a defined guest area during warmer months.
The restaurant is located on Main Street in downtown Bethlehem, NH, with positioning directly across from the historic Colonial Theater. The setup supports both pre- and post-show dining, including increased activity during the busy summer and fall seasons.
For a restaurateur or owner-operator seeking an operational food-and-beverage concept, this represents a turnkey restaurant setup with an established in-building tenant mix and a layout designed for both seated dining and bar-focused socialization. The combination of interior two-level space and seasonal sidewalk seating offers a practical way to serve guests throughout more of the year while maintaining an on-brand, neighborhood-style dining atmosphere.
The restaurant is located on Main Street in downtown Bethlehem, NH, with positioning directly across from the historic Colonial Theater. The setup supports both pre- and post-show dining, including increased activity during the busy summer and fall seasons.
For a restaurateur or owner-operator seeking an operational food-and-beverage concept, this represents a turnkey restaurant setup with an established in-building tenant mix and a layout designed for both seated dining and bar-focused socialization. The combination of interior two-level space and seasonal sidewalk seating offers a practical way to serve guests throughout more of the year while maintaining an on-brand, neighborhood-style dining atmosphere.
Key Highlights
- Includes a 1,900± SF two‑level condominium unit operated as the Cold Mountain Cafe
- Restaurant is located in downtown Bethlehem, NH in a building shared with five other successful businesses
- Dining room with a warm, social bar area for guest seating on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,379
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,580
$567.6K
Cap Rate 7%
$405,414
$405.4K
Cap Rate 9%
$315,322
$315.3K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$41.0K $21.60/SF
− Vacancy
−$3.2K −$1.68/SF
EGI
$37.8K $19.92/SF
− OpEx
−$9.5K −$4.98/SF
NOI
$28.4K $14.94/SF
Area
Grafton County, NH
Vacancy
7.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,580
Cap Rate 7%
$405,414
Cap Rate 9%
$315,322
Alternative Uses
Best Use
Specialty Retail
$405.4K
$354.7K – $473.0K
NOI $28,379 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$417.9K
$365.7K – $487.6K
NOI $29,256 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03574, NH
2,514
Population
1,401
Households
1.8
Avg Household Size
48
Median Age
45%
College-Educated
96%
High-School Grad
91.0 sq mi
ZIP Area
28
Density / Sq Mi
$83,870
Median Household Income
$47,743
Median Earnings
$1,079
Median Rent
$268,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant condo with two levels, a bar area, and seasonal sidewalk dining built for a full guest experience.
Where is this conventional restaurant located?
The property is located at 12-2015 Main St Bethlehem, NH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Includes a 1,900± SF two‑level condominium unit operated as the Cold Mountain Cafe; Restaurant is located in downtown Bethlehem, NH in a building shared with five other successful businesses; Dining room with a warm, social bar area for guest seating on‑site
