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    OFF-MARKET
    Turn key restaurants

    254 Riv Rd, Hooksett, NH 03106-2632

    4,653 SF 2.34 ac lot Built 2012
    Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US58-0658969
    Property summary
    AI-generated overview

    This exceptional 0.75-acre commercial condo lot is situated on heavily trafficked Route 3A in Hooksett, New Hampshire, boasting approximately 13,000 cars per day. The property offers over 200 feet of excellent road frontage, providing significant visibility for any business. Its highly flexible commercial zoning allows for a wide array of uses, including retail, office space, daycare centers, convenience stores, gas stations, medical facilities, and restaurants. Water access is readily available at the street. This lot presents a unique opportunity to establish a business alongside two already successful neighboring businesses: The Pizza Man of Hooksett and Merrivale Ice Cream. The strategic location and high traffic volume make this an ideal investment for entrepreneurs seeking maximum exposure and accessibility. Furthermore, a separate, larger 21,000 square foot condo lot is also available on the site, featuring its own curb cut, potentially suitable for businesses requiring drive-through access. This presents an additional opportunity for expansion or complementary business development. Existing curb cuts are already in place, simplifying the setup process for new businesses. The asking price for this 0.75-acre lot is $200,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2012
    Construction FRAME
    Total area 4,653 SF
    Lot 2.34 ac (101,930 SF)
    Zoning code COM
    APN HOOK M:17 B:36
    UPID US58-0658969
    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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    by Request
    CAP Approach CAP
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    Owner & transaction history
    Mary J Coronis · 5 yrs held
    Mary J Coronis
    since 2020
    3 recorded transactions
    2020
    $207,533
    2012
    2009
    $300,000
    Zoning & alternative use
    COM · Hooksett, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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