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Property profile & analytics
OFF-MARKET
Investment properties

30 Park Ave Keene, NH 03431-2351

4,185 SF 0.22 ac lot Built 1950
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US58-0563444
Property summary
AI-generated overview

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
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Construction FRAME
Total area 4,185 SF
Lot 0.22 ac (9,583 SF)
Zoning code HD
APN KEEN M:564 L:35
UPID US58-0563444
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
Current use
Occupant on record · Public records
  • Park Ave Deli & Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
MAHENDRAKUMAR MGMT LLC
MAHENDRAKUMAR MGMT LLC
Zoning & alternative use
HD · Keene, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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