Property profile

21 Lisbon Rd Bath, NH 03740

OFF-MARKET
Commercial real estate
Property ID
US58-0095449
4,194 SF 0.37 ac lot Built 1804
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity in Bath, New Hampshire, presents three income-generating properties totaling 16,117 square feet. The centerpiece is "The Bath Brick Store," a fully operational deli boasting updated appliances, antiques, and recent improvements including electrical upgrades, a new furnace, walk-in refrigeration, security system, backup generator, and extensive display fixtures. The second and third floors, previously residential, offer versatile storage or conversion potential, featuring an open floor plan with two offices, two bathrooms, and two bedrooms. The second property, "The Creamery," is a newly renovated ice cream shop with modern equipment, including new heating, windows, doors, ice cream machines, and quartz countertops. Finally, "The Art Gallery," with a vaulted ceiling and exposed beams, is currently leased, offering further income potential or alternative business uses. The property is conveniently located in the village of Bath, directly across from the historic covered bridge, easily accessible from Route 302 and Highway 93. Asking price: $750,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1804
Total area 4,194 SF
Lot 0.37 ac (16,117 SF)
Zoning code VB V
APN BATH M:00023 B:000082 L:000000
UPID US58-0095449

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
  • Cemetery

Location

21 Lisbon Rd Bath, NH 03740-4723
Bath metro Census 960300 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2019
2 recorded transactions
2019
$43,500
2005
Price N/A

Zoning & alternative use

VB V · Bath, NH

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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