Newmarket, NH 03857
- Commercial real estate
- 8,500 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details
- Year built
- 1934
- Lot size
- 1.00 lot acres
- Property size
- 8,500 SF
- Property type
- Commercial real estate
Description
This exceptional 8,500 square foot entertainment venue, operating successfully since 1934, presents a unique investment or lease opportunity. Located in Newmarket, NH, this historically significant building boasts a rich legacy of hosting big bands, rock concerts, comedy shows, workshops, and private events. A key feature is its expansive 4,000 square foot hardwood dance floor, one of the largest in New England. The property also includes a fully equipped kitchen, a bar, and a green room, all contributing to a nostalgic and charming atmosphere. The venue has an approved occupancy of up to 500 people, catering to a wide range of events. Its strategic location, just 15 minutes from Durham, Exeter, and Portsmouth, places it within New Hampshire's vibrant Seacoast region, benefiting from favorable demographics and high housing values. The high volume of daily traffic (12,000 vehicles per day) on nearby Route 108 ensures significant visibility and accessibility. This turnkey operation is offered as a complete package, including all business assets, for lease or a joint venture with a qualified party. The building itself is not for sale. The high demand for live entertainment venues in this area makes this a compelling investment prospect. Separate sale of business assets is not permitted. For lease information, please refer to MLS 4840098.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newmarket
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.9206
- Latitude
- 43.1329
