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Property profile & analytics
OFF-MARKET Estimated value $575,000
Turn key restaurants

161 Loudon Rd Concord, NH 03301-6053

10,452 SF 1.05 ac lot Built 1969
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US58-0700863
Property summary
AI-generated overview

This exceptional Concord, NH property, located at 161 Loudon Road, presents a unique investment opportunity. The 14,947 square foot building, constructed in 1969 and renovated in 2007, sits on a 1.05-acre lot zoned for General Commercial District use. Previously operating as a restaurant (The Red Apple Buffet), the property boasts a main floor of approximately 10,452 square feet, a finished lower level of approximately 4,495 square feet, and an unfinished basement of approximately 4,915 square feet. The main level retains its original restaurant layout, including seating for 325 patrons, a bar, and dance floor. Kitchen equipment includes two coolers and one cooler with a freezer. Ample parking is available on the large, level corner lot. The property's prime location at the intersection of Loudon Road and East Side Drive offers high visibility and accessibility. This versatile property is ideal for redevelopment or continued use as a restaurant, with the owner open to leasing options

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Construction FRAME
Total area 10,452 SF
Lot 1.05 ac (45,738 SF)
Zoning code CG
APN CNCD M:603Z B:47
UPID US58-0700863
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
$690k
Blend (final) Blend
$575k
Owner & transaction history
Loudon Road Summit LLC · 19 yrs held
Loudon Road Summit LLC
since 2007
4 recorded transactions
2025
Price N/A
2016
Price N/A
2007
$1.4M
1969
Price N/A
Zoning & alternative use
CG · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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