Property profile

342 Lincoln St Manchester, NH 03103

OFF-MARKET
Retail properties & Spaces
Property ID
US58-0333930
3,470 SF
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 3,470 square foot restaurant and bar located at 342 Lincoln Street in Manchester, New Hampshire, is available for $749,900. The property boasts a prime location with good exposure and signage, along with ample off-street parking for over 30 vehicles in a large rear lot spanning approximately one-third of an acre. The single-story building features high ceilings and a spacious, open-concept interior with tile flooring. A fully equipped kitchen, a large bar area, and a dedicated private party room are included. All furnishings, including barstools, tables, chairs, and booths, are part of the sale. The building also includes a front patio area perfect for outdoor service during warmer months. The building itself is in very good condition, recently updated with a new roof. The dimensions are approximately 40' x 80' plus an additional 8' x 22' area. Note that a currently leased restaurant business operating within the building is not included in the sale; the tenant has been in place for one year. This is a turnkey opportunity for an established or aspiring restaurateur or bar owner.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,470 SF
UPID US58-0333930

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

342 Lincoln St Manchester, NH 03103
Manchester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
2 recorded transactions
2021
$340,000
2018
$560,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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