Building Details

Building Size 3,829 SF

Year Built 1965

Units 2

Listing Agency: Coldwell Banker Realty

Listed By: Kathleen DeMello · License #62833 Show Phone

Source: Elliman

Added: Sep 15 Changed: Oct 25 Last Checked: Oct 30 at 3:57PM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This mixed-use property combines a former restaurant operation with a private residential component. The main level includes a bar area and commercial kitchen equipped with an existing grill and hood system. A second-floor two-bedroom apartment features a refurbished kitchen and provides additional on-site residential space.

The property occupies a 0.70-acre lot bordered by a brook, with rear outdoor space that can accommodate dining, events, or informal use. The building was constructed in 1965 and offers a combination of restaurant infrastructure, apartment space, and outdoor area within one commercial asset.

Key Highlights

• 0.70‑acre lot bordered by a brook
• Former restaurant space on the main level
• Commercial kitchen with existing grill and hood system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$47,039

Cap Rate

6.97%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$940,780 $940.8K

Cap Rate 7%

$671,986 $672.0K

Cap Rate 9%

$522,656 $522.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,829 SF

Gross rent

$82.7K $21.60/SF

− Vacancy

−$7.4K −$1.94/SF

EGI

$75.3K $19.66/SF

− OpEx

−$28.2K −$7.37/SF

NOI

$47.0K $12.29/SF

Area

Hillsborough County, NH

Vacancy

9.00%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$940,780

Cap Rate 7%

$671,986

Cap Rate 9%

$522,656

Alternative Uses

Best Use

Specialty Retail

$7.02M

$6.14M – $8.18M (±1% cap)

NOI $491,069 @ 7.0% cap · market cap 72.75%

Second Best

Mixed Use

$672.0K

$588.0K – $784.0K (±1% cap)

NOI $47,039 @ 7.0% cap · market cap 6.97%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Marcus P’s Cafe Restaurant Marcus P's Roadside ... Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Nail Salon Law Firm Restaurant

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

1

Residential units

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Explore this area Business Placement

Demographics for 03086, NH

3,982

Population

1,820

Households

2.2

Avg Household Size

44

Median Age

42%

College-Educated

95%

High-School Grad

28.1 sq mi

ZIP Area

142

Density / Sq Mi

$117,732

Median Household Income

$56,611

Median Earnings

$1,389

Median Rent

$369,900

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

Frequently Asked Questions

What type of property is this?

Mixed-use property - Former restaurant space with commercial kitchen, bar area, and a private apartment above.

Where is this mixed-use property located?

The property is located at 944 Gibbons Hwy Wilton, NH.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: 0.70‑acre lot bordered by a brook; Former restaurant space on the main level; Commercial kitchen with existing grill and hood system