Restaurant Building with Walk-In
New
For Sale
$275,000
194-196 Lake Ave, Manchester, NH 03103
Renovated restaurant operation with new equipment, seating, takeout service, and a walk-in cooler.
Property Size3,750 SF
Price / SF$73.33
Days on Market3
Property Features for 194-196 Lake Ave
General Information
Standard status
Active
Size
3,750 SF
Financials
Asking Price
$799,000
Business Included
Yes
Restaurant
Seating Capacity
45
Equipment Included
Yes
Building Details
Year Built
1958
Year Renovated
2025
Buildings
1
Listing Agency:
BHHS Verani Londonderry
Listed By:
Joan E Blais · License #NH 005229
(603) 540-5104
Source:
Melanienorcross
Added: Sep 11
Last Checked: Sep 12 at 3:23PM
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 BHHS Verani Londonderry
Investment Insights
Based on property information with market context.
This restaurant property at 194-196 Lake Ave includes a 3,750-square-foot building constructed in 1958, along with the operating restaurant business and its equipment. The facility was rehabilitated in 2025 and includes new equipment, a walk-in cooler, seating for 45, and dedicated takeout service. Permits are included with the operation.
The property also includes a barber shop tenant, adding an existing complementary use within the building. The restaurant business, physical improvements, and equipment are offered together, providing an established commercial setup for continued restaurant use or an operator seeking to introduce a different menu and concept.
The property also includes a barber shop tenant, adding an existing complementary use within the building. The restaurant business, physical improvements, and equipment are offered together, providing an established commercial setup for continued restaurant use or an operator seeking to introduce a different menu and concept.
Key Highlights
- 3,750‑square‑foot restaurant building at 194‑196 Lake Ave, Manchester, NH 03103
- Building constructed in 1958 and rehabilitated in 2025
- New restaurant equipment included with the business
Property Analytics
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Current Use
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
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Manchester buffet — Manchester, NH 03104
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Renovated restaurant operation with new equipment, seating, takeout service, and a walk-in cooler.
Where is this conventional restaurant located?
The property is located at 194-196 Lake Ave 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: 3,750‑square‑foot restaurant building at 194‑196 Lake Ave, Manchester, NH 03103; Building constructed in 1958 and rehabilitated in 2025; New restaurant equipment included with the business
