Building Details

Year Built 1958

Year Renovated 2025

Units 1

Listing Agency: Bhhs Verani Londonderry j***@verani.com Show Phone

Listed By: Joan Blais · License #NH 005229 Show Phone

Source: Threehillsres

Added: Jun 4 Changed: Aug 8 Last Checked: Aug 8 at 10:57AM

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Investment Insights

Based on property information with market context.

This turnkey restaurant offering includes the business and all new equipment installed in 2025, along with a 2025 rehab of the building. Permits are included as part of the package, and the space is set up for an operator to step in immediately and run service without rebuilding the core improvements. Seating is configured for 45 guests, with a large takeout focus built into the operating setup.

The property is presented for sale at 194-196 Lake Avenue in Manchester, New Hampshire. The current structure of the offering provides flexibility depending on whether you want to purchase just the restaurant business or acquire the real estate as well, including additional on-site income potential described in the listing.

For a restaurateur, this configuration is a practical fit if you want a complete build-out with recently installed equipment and permitting already addressed. If you are looking to own the premises, the listing also describes an alternative option that includes the restaurant plus a separate tenant income stream to help offset operating costs. Either way, the improvements, equipment, and seating/takeout design support a ready-to-operate restaurant concept.

Key Highlights

• Year built 1958 building with restaurant business offered as turnkey operation
• Includes all new equipment from 2025, plus rehab of the building and permits included
• Sunny's Hot Chicken restaurant concept with 45 seats and strong takeout service

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Wine and Liquor Store Butcher Locksmith Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

3,176

Businesses Nearby

121k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 56% Shops & Services 29% Hotels & Casinos 12% Dining 3%

Market Basket Groceries

56,163 visits/mo 0.4 miles

7-Eleven Shops & Services

13,129 visits/mo 0.4 miles

Price Rite Groceries

12,209 visits/mo 0.5 miles

DoubleTree by Hilton Manchester Downtown Hotels & Casinos

10,484 visits/mo 0.4 miles

Bank of America Shops & Services

7,448 visits/mo 0.3 miles

Demographics for 03103, NH

38,039

Population

16,166

Households

2.4

Avg Household Size

36

Median Age

24%

College-Educated

82%

High-School Grad

9.2 sq mi

ZIP Area

4,135

Density / Sq Mi

$70,049

Median Household Income

$41,243

Median Earnings

$1,322

Median Rent

$313,500

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Turnkey restaurant concept with new 2025 equipment and building rehab, designed for dine-in seating and strong takeout operations.

Where is this conventional restaurant located?

The property is located at 194-196 Lake Avenue Manchester, NH.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Year built 1958 building with restaurant business offered as turnkey operation; Includes all new equipment from 2025, plus rehab of the building and permits included; Sunny's Hot Chicken restaurant concept with 45 seats and strong takeout service