160 Main St Gorham, NH 03581-1635
This exceptional turnkey opportunity presents a fully renovated and well-established Italian restaurant and sports bar located at 160 Main Street, Gorham, NH. Boasting 5,507 square feet on a 0.61-acre lot, this prime location sits on a busy highway, ensuring excellent visibility and high traffic flow. The property features 180 seats, comfortably accommodating diners both indoors and outdoors, with the added benefit of a scenic Androscoggin River view. The recent renovation included a complete redesign of the kitchen and serving areas to maximize efficiency and workflow. Significant upgrades include custom tables and new seating, modern flooring throughout, brand new refrigeration units and walk-in coolers, updated sinks, and two state-of-the-art pizza ovens. Other improvements encompass excellent exterior signage for optimal brand visibility and a convenient paved parking lot. The property is connected to town water and sewer systems, simplifying operations and maintenance. This is a rare chance to acquire a thriving, updated restaurant with significant potential for continued growth and success. The asking price is $1,595,000. This turnkey operation is ready for immediate occupancy and offers a seamless transition for a new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CA · Gorham, NHCosts & 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.