284 1st Nh Tpke Northwood, NH 03261-3404
This exceptional mixed-use property in Northwood, NH, offers a thriving, established restaurant on the first floor, currently generating $4,500 monthly rent plus utilities. The 8,821 square foot building, constructed in 1996 and renovated in 2022, also features a 2,500 square foot office space on the third floor, available for $2,500 per month, with private access and HVAC. The restaurant boasts a walk-in cooler, climate-controlled prep area, and a full basement with high ceilings. The property sits on 1.5 acres, includes 25 parking spaces, and benefits from a front porch and ample yard space. Annual property taxes are $7,680, and annual insurance is $2,600. Average monthly electricity costs range from $600 to $800. Propane service is available for the restaurant and a standby generator. The building is zoned commercial and offers full ownership. This is a unique opportunity for an owner/user seeking a turnkey restaurant operation with additional income potential from the rentable office space. The property's strong financial performance, combined with its versatile layout and desirable location, makes it an attractive investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
RURAL · Northwood, NHNorthwood. Always verify with local authorities before improvements.
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.