347 Shattuck Way Newington, NH 03801
- Turn key restaurants
- 16,470 SF
- 4.09 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 347 Shattuck Way
- Year built
- 1975
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.09 lot acres
- Property size
- 16,470 SF
- Zone code
- OFF
- Property type
- Turn key restaurants
- APN
- NWNG M:13 B:01A L:
- APU
- NWNGM13B01AL
Description
This exceptional 16,470 square foot commercial property, situated on a 6.69-acre lot in Newington, NH, presents a unique investment opportunity. Boasting a highly visible location directly off Exit 4 of the Spaulding Turnpike, this site benefits from over 70,000 vehicles passing daily. The existing building is currently configured as a fully equipped restaurant and banquet facility, ready for immediate operation or redevelopment. High-volume restaurant equipment, including industrial ovens, stoves, grills, and ample commercial-grade refrigeration, is included. A substantial concrete basement provides extensive storage capacity, complemented by a large asphalt parking lot suitable for customer and employee parking, as well as product display. Municipal utilities are readily available. The property's versatile zoning and ample space offer significant potential for expansion, redevelopment, or repurposing, making it an attractive prospect for developers and investors seeking a high-traffic location with substantial existing infrastructure. The combination of existing improvements and prime location creates a compelling opportunity for a variety of commercial ventures. This property is priced at $3,600,000.
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
- Newington
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -70.8151
- Latitude
- 43.1108
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
