Two-Level Restaurant
For Sale
$325,000
2015 Main Street, Bethlehem, NH 03574
Commercial Sale, Bethlehem, NH
Property Size1,900 SF
Price / SF$171.05
Days on Market120
Property Features for 2015 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
District 1
Rooms
Basement
Parking features
On Street, Paved or Surfaced
Subdivision
Cold Mountain Cafe
Directions
On Main Street (Route 302), Bethlehem across from the Colonial Theater
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1679
Utilities
Utilities
Propane
Heating system
Baseboard, Oil
Cooling system
Zoned, Ductless
Water source
Public
Building Details
Year built
1920
Building materials
Wood Frame, Wood Siding
Roof type
Membrane
Listing Agency:
Badger Peabody & Smith Realty
(603) 823-5700
Listed By:
Mary Doherty · License #053401
(603) 444-1294
Added: Jun 8
Changed: Oct 4
Last Checked: Oct 5 at 8:06PM
MLS# 5093392
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant offering comprises an approximately 1,900-square-foot, two-level condominium unit in a wood-frame, wood-sided building completed in 1920. The interior includes a dining room and bar area, while the sidewalk frontage supports seasonal outdoor dining with fencing and plantings. A basement is also included.
The property is located at 2015 Main Street in Bethlehem, directly across from the historic Colonial Theater. The building is shared with five other businesses, and the unit benefits from a downtown setting with activity associated with local and visiting patrons. Zoning is District 1. Building systems include oil baseboard heat, ductless zoned cooling, propane service, public water, and a membrane roof. Parking is provided through paved or surfaced areas and on-street spaces.
The property is located at 2015 Main Street in Bethlehem, directly across from the historic Colonial Theater. The building is shared with five other businesses, and the unit benefits from a downtown setting with activity associated with local and visiting patrons. Zoning is District 1. Building systems include oil baseboard heat, ductless zoned cooling, propane service, public water, and a membrane roof. Parking is provided through paved or surfaced areas and on-street spaces.
Key Highlights
- Approximately 1,900+/- SF two‑level condominium restaurant unit
- Dining room, bar area, seasonal outdoor dining, and basement
- Located directly across from the historic Colonial Theater
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
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Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
130
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant unit with dining and bar areas occupies part of a multi-business commercial building.
Where is this conventional restaurant located?
The property is located at 2015 Main Street 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: Approximately 1,900+/- SF two‑level condominium restaurant unit; Dining room, bar area, seasonal outdoor dining, and basement; Located directly across from the historic Colonial Theater
