Property summary
This exceptional investment opportunity presents a well-established retail and residential property located at 30 Park Ave, Keene, NH, 03431. The property, built in 1950, encompasses a substantial 4,185 square feet situated on a 0.22-acre lot. The building is classified as Class B and features a two-story structure with one building. The zoning is designated RES-HIGH DENSITY, allowing for a variety of potential uses. The property currently operates as a thriving convenience store and grocery business on the ground floor, complemented by two income-generating apartments on the second floor. This turnkey operation includes the real estate, the existing business, all owner-owned fixtures and equipment, and the rental income from the apartments. The asking price is $695,000, translating to $166.07 per square foot. The property enjoys a highly visible location within a small neighborhood shopping plaza, ensuring convenient access for customers and residents alike. This presents a unique opportunity to acquire a profitable, established business with significant upside potential in a desirable New Hampshire location. The property's multi-unit nature provides a diversified income stream, enhancing its overall investment appeal. This is a rare chance to own a complete package – a thriving business, rental income, and the underlying real estate – all in one acquisition.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Zoning & alternative use
o as the "Zoning Map." Table 2-1: City of Keene Zoning Districts Residential Districts R Rural Sec. 3.1 RP Residential Preservation Sec. 3.2 LD Low Density Sec. 3.3 LD-1 Low Density 1 Sec. 3.4 MD Medium Density Sec. 3.5…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HD · Keene, NHo as the "Zoning Map." Table 2-1: City of Keene Zoning Districts Residential Districts R Rural Sec. 3.1 RP Residential Preservation Sec. 3.2 LD Low Density Sec. 3.3 LD-1 Low Density 1 Sec. 3.4 MD Medium Density Sec. 3.5…
Zoning
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Zoning designation
Official district profile
o as the "Zoning Map." Table 2-1: City of Keene Zoning Districts Residential Districts R Rural Sec. 3.1 RP Residential Preservation Sec. 3.2 LD Low Density Sec. 3.3 LD-1 Low Density 1 Sec. 3.4 MD Medium Density Sec. 3.5…
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