Technical
Financial
Distress signals
Property profile

36-38 Opera House Sq Claremont, NH 03743

OFF-MARKET
Turn key restaurants
Property ID
US58-0391066
3,510 SF 0.09 ac lot Built 1900
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A historic downtown mixed-use building located in Claremont, New Hampshire, situated on a 0.09-acre lot and zoned MU. The structure includes a ground-floor restaurant space and a second-floor apartment; the building has a total arrangement suitable for combined commercial/restaurant use and residential occupancy. The second-floor apartment is described as fully renovated. The building’s use of the restaurant space is presented as negotiable, and the property includes operating expense responsibility in which water and sewer costs are associated with the building/owner, while other expenses are tenant-covered per the existing lease arrangement.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,510 SF
Lot 0.09 ac (3,920 SF)
Zoning code MU
APN CLMN M:120 L:44
UPID US58-0391066

Cap rate & NOI

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

Location

36-38 Opera House Sq Claremont, NH 03743
Claremont metro Census 975901 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MU · Claremont, NH
Zoning description

The purpose of this district is to be the center of the community, providing commercial, recreational, educational, institutional, light industrial and mixed uses that are primarily oriented toward pedestrian access.

General category MIXED_USE

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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