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Property profile & analytics
OFF-MARKET
Commercial real estate

1194 Us Route 4 Canaan, NH 03741

1,520 SF 0.1 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This 1,520 sq ft commercial property, located at 1194 US Route 4 in Canaan, NH, presents a unique opportunity for a new business owner. Previously home to a successful bakery, the building boasts a fully equipped commercial kitchen, including commercial sinks, a dishwasher discreetly hidden from customer view, and commercial tile flooring. Most equipment is included in the sale or available for negotiation (a detailed list is available). Recent improvements significantly enhance the property's appeal. These include a 14' x 18' deck perfect for outdoor seating, convenient side steps and a deck leading to a takeout window, a new furnace, two mini-splits for climate control, central air conditioning, updated lighting fixtures, countertops, and flooring. The interior and exterior have also received fresh paint. A washer and dryer are located in the basement, which also offers ample storage space. The roof rafters and roof were replaced in 2009 and 2010 respectively. A recent annexation has doubled the lot size to 0.1 acres, providing sufficient parking for customers. The strategic location at the intersection of Route 4 and Route 118, near the town common, park, and playing fields, ensures high visibility and convenient access for customers. Nearby attractions include Canaan Street Lake, Cardigan Mountain School, and Cardigan Mountain, further enhancing the property's desirability. The property's proximity to area businesses, hospitals, shopping, and recreational opportunities guarantees a steady stream of potential customers. Pre-qualification for financing or proof of funds is required. Offers from qualified buyers are encouraged.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Total area 1,520 SF
Lot 0.1 ac (4,356 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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