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Property profile & analytics
OFF-MARKET
Turn key restaurants

49 Hall St Concord, NH 03301-3417

1,106 SF 0.3 ac lot Built 1910
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US58-0375446
Property summary
AI-generated overview

This exceptional 1,440 square foot freestanding building presents a rare opportunity to own prime commercial real estate in Concord, NH, for $650,000. Situated on a 0.3-acre lot in a high-traffic retail corridor, this property enjoys unparalleled visibility and accessibility. Just minutes from Interstates 93 and 89, and downtown Concord, it offers convenient access for both customers and suppliers. Completely updated in 2019, the building is move-in ready and requires no immediate capital improvements. The property boasts ample on-site parking, supplemented by convenient street parking. A fully equipped kitchen and dining area, complete with furniture, fixtures, and equipment, is ideal for food service businesses, though the versatile space lends itself to a variety of uses. The spacious lot allows for expansion potential, subject to town approval, providing room for future growth and added services. The location is exceptional, surrounded by hotels, inns, residences, medical facilities, and professional offices, ensuring a consistent flow of both local and out-of-town clientele. This turnkey property offers a unique blend of immediate operational capability and significant long-term growth potential in a thriving area of New Hampshire's capital city. Don't miss this chance to acquire a valuable asset in a densely populated and highly desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Construction FRAME
Total area 1,106 SF
Lot 0.3 ac (13,068 SF)
Zoning code OCP
APN CNCD M:792Z B:28
UPID US58-0375446
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
  • Nina's Bistro & Sandwiches Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Old Europe Mediterranean Fine · 7 yrs held
Old Europe Mediterranean Fine
since 2018
3 recorded transactions
2018
$212,533
2016
$175,000
1969
Price N/A
Zoning & alternative use
OCP · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Opportunity Corridor Performance (OCP) District is established for the economic redevelopment of under utilized urban properties located between downtown Concord's Central Business Performance (CBP) District and Interstate 93, as well as in other former brownfield locations in the City. The range of permissible uses, including retail, restaurant, service…

Zone name Opportunity Corridor Performance District
General category CIVIC_INSTITUTIONAL
Zone area 388.65 ac
Source Realmo
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