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Property profile & analytics
FOR SALE
Conventional restaurants

194-196 Lake Ave 1 & 2 Manchester, NH 03103

Built 1958
Property ID
US58-Q002173
Property summary
AI-generated overview

Real Estate AND a popular Restaurant Business, in Unit #1. Buy the whole building, land and busines;$799,000.! Seats 45! Take-out is tops in town! Brand New Restaurant equipment AND remodeled building (it was Joseph Brothers market for years), plus collect rent from Barber Shop in unit #2. Parking in front. Mainly hot chicken restaurant but ideal for other food, also. Bring your own style of cooking! All new stainless-steel kitchen including state of the art exhaust fan features. Land,building, incoming Barber rent, take-out & delivery. business 3,750 sq ft bldg. $799,000. Unit #2 is long-term barber. His lease will pay most of building cost. OR Restaurant Business only, $275,000.,including all equipment, which you would then own; and lease building for $3,000. a month. w/ option to buy building later, if you want. Come see! The only one like it on market! see MLS #5090721 for business only bikeScore: 62, Bikeable walkScore: 83, Very Walkable

Property profile
Verified
Property type Conventional restaurants
Year built 1958
UPID US58-Q002173
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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