Property profile

56 Main St Durham, NH 03824

OFF-MARKET
Commercial real estate
Property ID
US58-0409661
3,425 SF 0.08 ac lot Built 1920
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located at 56 Main Street in Durham, New Hampshire, directly on the University of New Hampshire campus. The 6,500 square foot commercial condo unit boasts a complete renovation completed in 2019, presenting a sophisticated and modern space ready for immediate occupancy. The two-story building, constructed in 1920, features tasteful décor, multiple bars, and a private wine room, all contributing to a high-end ambiance. The property is zoned CB and has an APN of 002-014-004 within Strafford County. Property taxes are $5.26 per square foot. The entire 6,500 square feet is currently vacant and available for sale or lease. Furniture, fixtures, and equipment are available for separate negotiation with a third party. This prime location in the heart of New Hampshire's flagship university offers unparalleled access to a large and consistent customer base. The single-tenant occupancy provides a streamlined and efficient operation. This is a rare opportunity to acquire a fully equipped and beautifully designed restaurant in a high-demand location. Don't miss this chance to own a thriving business in a vibrant college town.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,425 SF
Lot 0.08 ac (3,550 SF)
Zoning code CB
APN DRHM M:109 L:104 U:1-1
UPID US58-0409661

Cap rate & NOI

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

Location

56 Main St Durham, NH 03824-2504
Durham metro Census 80204 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
$530k
Comparable Approach Comparable
$670k
Blend (final) Blend
$640k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2021
Price N/A

Zoning & alternative use

CB · Durham, NH

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 56 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message