295 Lk St Nashua, NH 03060-4130
- Retail properties
- 3,472 SF
- 0.18 lot acres
Current Use by Public Records
- Bud's Restaurant / American Restaurant / Breakfast Restaurant
Property Details for 295 Lk St
- Year built
- 1945
- Construction
- FRAME
- Lot size
- 0.18 lot acres
- Property size
- 3,472 SF
- Zone code
- RA
- Property type
- Retail properties
- APN
- NASH M:89 L:00088
- APU
- NASHM89L00088
Description
This exceptional turn-key opportunity presents a well-established restaurant in Nashua, NH, operating successfully for over 38 years. The property, located at 295 Lake Street, sits on a 0.18-acre lot and offers two distinct acquisition options. Option 1 allows for the purchase of both the building and the thriving business for a total price of $1,000,000. The building itself is valued at $700,000 and the business at $300,000. Option 2 involves purchasing just the established business for $300,000, with a monthly rental rate of $3,000 for the building. The restaurant, known for its breakfast and lunch service (open 6 AM to 2 PM), boasts seating for 90 patrons and features a recently renovated interior. Upgrades include a completely renovated dining area, kitchen, and bathrooms, as well as new windows, flooring, lighting, and fresh paint. High-quality appliances are included. Ample parking is available in a newly resurfaced parking lot. The property also includes additional space at the rear, suitable for leasing, an office, or a function room. Detailed financial records are available for review upon request. This presents a rare chance to acquire a profitable, established business with significant growth potential in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashua
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.483
- Latitude
- 42.7473
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
