199 Main St Troy, NH 03465-2665
This exceptional commercial property presents a unique investment opportunity in Troy, New Hampshire. Located on a highly visible 2.54-acre lot directly on NH Route 12, a major thoroughfare connecting to the Greater Boston area, this property boasts unparalleled exposure. The main building, totaling 6,100 square feet, currently houses a successful restaurant tenant, generating immediate income potential. The restaurant features a dedicated function room, two restrooms, and substantial storage space. A large warehouse is also included, complete with two convenient loading docks. This provides flexibility for a variety of uses, from continued restaurant operation to conversion into office or retail space. Ample off-street parking is available, catering to both employees and customers. A secondary building, measuring 740 square feet, offers additional space, equipped with heat and electricity, ideal for office use or expansion of existing operations. Existing signage ensures maximum visibility for any business. The property's location near Keene, NH, further enhances its appeal and accessibility. This is a rare opportunity to acquire a well-positioned, income-generating property with significant potential for growth and diversification in a thriving business zone.
-
Royal Spice Restaurant
The purpose of HB zone is to provide an area in town where commercial activity can locate without impinging on the residential neighborhoods by way of increased traffic, visual and other effects of commerce that are incompatible with residential uses
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
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
HB · Troy, NHThe purpose of HB zone is to provide an area in town where commercial activity can locate without impinging on the residential neighborhoods by way of increased traffic, visual and other effects of commerce that are incompatible with residential uses
Costs & 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.