Property profile

21 Kearsarge Rd Conway, NH 03860

OFF-MARKET
Commercial real estate
0.12 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional 0.12-acre property at 21 Kearsarge Road in the heart of North Conway, NH, presents a unique investment opportunity. Currently operating as the beloved Hooligans Restaurant, a long-standing local favorite for over four decades, this establishment offers a turnkey operation for a new owner to continue its legacy of providing excellent food and service. Alternatively, the property presents significant potential for redevelopment into a variety of commercial or residential uses, capitalizing on its prime location in the bustling Mount Washington Valley. The existing restaurant boasts a fully equipped kitchen, designed for high-volume service, complete with walk-in coolers and all necessary equipment. The recently renovated dining area and bar create a warm and inviting atmosphere, perfect for continuing the restaurant's success or adapting to a new concept. Situated in the center of North Conway, recognized by USA Today as America's Number One Ski Town, this property benefits from high visibility and significant foot traffic, ensuring a strong foundation for future success, regardless of the chosen development path. The sale includes all existing restaurant equipment and furnishings, providing a seamless transition for a new operator. This is a rare chance to acquire a well-established business and property in a highly desirable location. Don't miss this opportunity to own a piece of North Conway history. The asking price is $799,000.

Property profile

Verified
Property type Commercial real estate
Year built 1940
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21 Kearsarge Rd Conway, NH 03860
Conway metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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