730 Main St Andover, NH 03216-3413
This exceptional opportunity presents the chance to acquire a well-established restaurant located at 730 Main Street in Andover, New Hampshire. Previously home to the popular Blackwater Diner, this property boasts a prime location within the community and benefits from a loyal customer following. The building offers a turnkey operation, ready for immediate occupancy and the commencement of business. The landlord is offering leasehold concessions to assist with any desired interior cosmetic updates, allowing a new owner to personalize the space and implement their vision. Recent renovations include a completely rebuilt front foyer, providing a fresh and modern entrance. The fully equipped kitchen is included in the lease and features a comprehensive array of appliances in good working order, as per the landlord's knowledge. This includes a kitchen hood, fire suppression system, a six-foot grill, a four-bay fryolator, and a six-burner stove with oven. This is a rare chance to acquire a thriving business in a strong community setting, with the potential to build upon an existing legacy and loyal customer base. The asking price is $30,000. The property sits on a zero-acre lot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
AR R · Andover, NHAndover. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.