Property profile

234 Main St Concord, NH 03301

OFF-MARKET
Turn key restaurants
Property ID
US58-0156399
2,909 SF 0.18 ac lot Built 1950
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

A two-unit commercial building located in Concord, New Hampshire, situated on a 0.18-acre lot. The property contains two tenant spaces: one historically operated by Papa John’s under a long-term lease arrangement with maintenance responsibilities handled by the tenant, and the other previously used by a nail salon under a month-to-month tenancy structure. The building is configured for commercial occupancy with separate unit spaces, and the overall property is designed as a multi-tenant commercial asset.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,909 SF
Lot 0.18 ac (7,841 SF)
Zoning code CU
APN CNCD M:641Z B:29
UPID US58-0156399

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
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Hardware & Home Improvement Furniture & Home Goods

Location

234 Main St Concord, NH 03301-5051
Concord metro Census 32400 CONCORD, NH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
Last sale
$460,533
4 recorded transactions
2025
$460,533
2025
$500,000
2008
Price N/A
1998
$125,000

Zoning & alternative use

CU · Concord, NH
Zoning description

The Urban Commercial (CU) District is established to recognize areas adjacent to the downtowns of Concord and Penacook as well as proximate to Downtown Residential Districts, within which are permitted a mixture of offic…

General category COMMERCIAL

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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