Technical
Financial
Distress signals
Property profile

136 Daniel Webster Hwy Meredith, NH 03253

FOR SALE
Turn key restaurants
Property ID
US58-0650678
2,591 SF 1.62 ac lot Built 1935
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a commercial building located on Route 3 between Meredith and Laconia, near Lake Winnipesaukee and Downtown Meredith. It sits on a 1.62-acre lot and is supported by flexible zoning that allows a range of business uses. The site includes on-site parking and frontage on Route 3, with a main level configured for business use and currently outfitted as a coffee shop; the layout is suitable for retail, office, or service use. Restaurant equipment is included, with limited exclusions for some duplicate appliances. The property also contains a partially finished basement accessible through a separate entrance and bathroom, which can support additional business use or separate tenancy. With pending town approval, there is potential for additional residential development, such as a home or duplex, on the rear portion of the lot.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1935
Construction FRAME
Total area 2,591 SF
Lot 1.62 ac (70,567 SF)
Zoning code CS
APN MERE M:00S18 B:00047
UPID US58-0650678

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

136 Daniel Webster Hwy Meredith, NH 03253
Meredith metro Census 965300 LACONIA, NH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2010
1 recorded transaction
2010
$125,000

Zoning & alternative use

CS · Meredith, NH
Zoning description

The purpose of this District is to provide an area for vehicular oriented businesses, This area is located along Route 3 South, which is a major tourist route and year round transportation corridor in the Lakes Region

General category COMMERCIAL

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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