Two-Level Restaurant
For Sale
$325,000
2015 Main Street 12, Bethlehem, NH 03574
Dining and bar areas open onto seasonal sidewalk seating.
Property Size1,900 SF
Price / SF$171.05
Days on Market83
Property Features for 2015 Main Street 12
General Information
Standard status
Active
Size
1,900 SF
Additional Details
Business Included
Yes
Patio
Yes
Building Details
Tenancy
Multi
Listing Agency:
Badger Peabody & Smith Realty
Listed By:
Mary M Doherty · License #053401
(603) 823-5700
Source:
Stevecotran
Added: Jul 24
Changed: Oct 6
Last Checked: Oct 12 at 8:02PM
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.
Cold Mountain Cafe is an operating restaurant within a 1,900 SF, two-level condominium unit. The layout includes a dining room with arranged table seating and a dedicated bar area suited to beverage service and guest gatherings. Seasonal outdoor dining is added along the sidewalk frontage with fencing and plantings during warmer months.
The condominium is located in a building occupied by five other businesses, supporting activity around the property. It sits directly across from the Colonial Theater, providing a setting associated with pre- and post-show dining. The cafe has operated for more than 25 years and is under second-generation ownership, with the offering including the established restaurant operation.
The condominium is located in a building occupied by five other businesses, supporting activity around the property. It sits directly across from the Colonial Theater, providing a setting associated with pre- and post-show dining. The cafe has operated for more than 25 years and is under second-generation ownership, with the offering including the established restaurant operation.
Key Highlights
- 1,900 SF two‑level condominium unit
- Restaurant operating for more than 25 years under second‑generation ownership
- Dining room with table seating and a dedicated bar area
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.
How Realmo checks its estimates
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 - Dining and bar areas open onto seasonal sidewalk seating.
Where is this conventional restaurant located?
The property is located at 2015 Main Street 12 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: 1,900 SF two‑level condominium unit; Restaurant operating for more than 25 years under second‑generation ownership; Dining room with table seating and a dedicated bar area
