194-196 LAKE Avenue #1 & 2, Manchester, NH 03103

Building Details

Year Built

1958

Listing agent Joan Blais License #NH 005229

Listing office BHHS Verani Londonderry j***@verani.com Show Phone

Listing date Jun 11, 2026

Source Laerrealty

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Overview

This offering includes a two-unit commercial building and an operating restaurant business in Unit #1, along with a long-term barbershop in Unit #2. Unit #1 is a mainly hot chicken take-out and delivery-focused restaurant configured to seat 45, with brand new restaurant equipment and a remodeled interior. The kitchen includes new stainless-steel equipment and a state-of-the-art exhaust fan. Unit #2 is leased to a barber with rent collected as part of the overall income stream.

The property is located at 194-196 Lake Avenue in Manchester, NH, with parking available in front. The sale can be structured either as a full building, land, and business purchase, or as the restaurant business only with the buyer leasing the building for $3,000 per month and retaining an option to buy later.

For the right operator, this setup supports a food business that wants a turn-key kitchen and a layout built around take-out and delivery, with the benefit of an additional tenant in the second unit. Alternatively, buyers seeking a stabilized commercial asset may consider purchasing the entire building to own both units, the restaurant buildout in Unit #1, and the long-term barber lease in Unit #2.

Map

City

Manchester

County

Merrimack

State

New Hampshire

Longitude

-71.449

Latitude

42.9238

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FAQs

What type of property is this?

Conventional restaurant - Buy a remodeled restaurant-ready storefront plus a long-term barbershop tenant with parking in front.

Where is this conventional restaurant located?

The property is located at 194-196 LAKE Avenue #1 & 2 Manchester, NH.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: 1958‑built 3,750 SF building includes a remodeled restaurant‑ready Unit #1 and a long‑term barbershop tenant in Unit #2; Unit #1 restaurant seats 45 and offers take‑out and delivery business; New restaurant equipment and a brand new stainless‑steel kitchen, including a state‑of‑the‑art exhaust fan