1194 Us Route 4 Canaan, NH 03741
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.