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Property profile & analytics

11 Farmington Rd Rochester, NH 03867

  • Turn key restaurants
  • 4,644 SF
  • 1.70 lot acres
Value Estimation
Last Sale
Oct 13, 2021
$190,000
Location Intelligence
Property ID
US58-0271050
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Granite Steak & Grill and Retail Market / Seafood Restaurant / Steak House

Property Details for 11 Farmington Rd

Year built
1968
Construction
FRAME
Lot size
1.70 lot acres
Property size
4,644 SF
Zone code
GRD
Property type
Turn key restaurants
APN
RCHE M:0221 B:0165 L:0000
APU
RCHEM0221B0165L0000

Description

This exceptional opportunity presents the Granite Steak & Grill and Smokey's Tavern, a landmark New Hampshire establishment operating since 1968. Completely renovated in 2005, this iconic property boasts a substantial 9,260 square foot, two-story building encompassing a restaurant, tavern, and bar. The expansive space comfortably accommodates nearly 300 patrons. The property includes ample parking with 125 spaces, ensuring convenient access for customers. A significant advantage is the prime location, featuring 433 feet of frontage on Route 11, and less than a quarter-mile from the highly trafficked Route 16. This strategic positioning offers exceptional visibility and accessibility. The sale encompasses the entire property, including the established businesses, the land, and the building itself, presenting a turnkey opportunity for a new owner to step into a well-regarded and profitable operation. The 1.7-acre lot provides significant potential for future expansion or development. This is a rare chance to acquire a piece of New Hampshire's culinary history and a thriving business with a strong track record. The property's size, location, and established reputation make it an attractive investment for experienced restaurateurs or those seeking a high-return commercial venture.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $235,000
  • CAP approach

    CAP return
    Estimation
    6%
    $235,000
    6.5%
    $265,000
    7%
    $265,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $270,000
    Geo Method
    $245,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $230,000
    Retail
    $205,000
    Mixed-Use
    $245,000
    Hospitality
    $200,000
    Educational
    $265,000
    Residential Income
    $240,000
    Energy
    $220,000
    Income-Based Land
    $275,000
    Food Service
    $260,000

Location Insight

  • Map
  • Local Demand
City
Rochester
County
Strafford
State
New Hampshire
Longitude
-70.9992
Latitude
43.3233
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,246
$297,500
$683,300
$980,800
-
$0.00
$0.00
$0.00
More about this property
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