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Manchester, NH

Restaurants

Manchester, NH Restaurants for Sale

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Hooksett, NH Allenstown, NH Bedford, NH Bow, NH Pembroke, NH Goffstown, NH Candia, NH Concord, NH

Remodeled Restaurant and Barber Units

Updated: Jun 10

Remodeled Restaurant and Barber Units

194-196 LAKE Ave 1 & 2, Manchester, NH 03103

$799,000

3,750 sqft

Two‑unit building built in 1958 with front parking and mixed‑use setup
Brand new stainless‑steel restaurant kitchen plus state‑of‑the‑art exhaust fan
Remodeled restaurant building with 3,750 sq ft (Unit #1) and seating for 45
Includes separate long‑term barber tenant in Unit #2 (lease covers most of building cost, per remarks)
Buyer can purchase whole building, land, and restaurant business for $799,000; or buy restaurant business only for $275,000 and lease the building for $3,000/month with an option to buy later

This listing looks promising.

Here's a quick look at some key insights for

194-196 LAKE Ave 1 & 2, Manchester, NH 03103

View Property Analytics

Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$64K
Annual
Price @ 7% Cap

$921K
Above asking

View Property Analytics

Restaurant and Barbershop Building

Updated: Jun 11

Restaurant and Barbershop Building

194-196 LAKE Avenue, #1 & 2, Manchester, NH 03103

$799,000

3,750 sqft

1958‑built 3,750 SF building includes a remodeled restaurant‑ready Unit #1 and a long‑term barbershop tenant in Unit #2
Unit #1 restaurant seats 45 and offers take‑out and delivery business
New restaurant equipment and a brand new stainless‑steel kitchen, including a state‑of‑the‑art exhaust fan
Parking in front of the building
Buy whole building and business for $799,000, or purchase the restaurant business only for $275,000 and lease the building for $3,000/month

Turnkey Restaurant with New Equipment

Turnkey Restaurant with New Equipment

194-196 Lake Avenue, Manchester, NH 03103

$275,000

Turnkey restaurant concept with new 2025 equipment and building rehab, designed for dine-in seating and strong takeout operations.

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Manchester, NH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Retail and Apartment

Mixed-Use Retail and Apartment

123 Union Square, Milford, NH 03055

$700,000

2,714 sqft

First-floor restaurant space with a commercial kitchen and an upstairs fully renovated 3-bedroom apartment.

Turnkey Arby's Franchise Opportunity

Turnkey Arby's Franchise Opportunity

621 Amherst St, Nashua, NH

Contact for pricing

3,707 sqft 1.67 AC lot

Arby's franchise business for sale in Nashua, NH.

Downtown Restaurant Building with Equipment

Downtown Restaurant Building with Equipment

121 Main St, Nashua, NH 03060

$729,810

5,706 sqft

Three-story building with restaurant equipment and furnishings included.

Landmark Restaurant Property

Landmark Restaurant Property

251 Elm St, Milford, NH 03055

Contact for pricing

Restaurant property for sale with strong visibility, signage, ample parking, and easy access near major roadways.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Approved Commercial Buildable Lot

Approved Commercial Buildable Lot

1905 Lakeview Ave, Dracut, MA 01826

$569,000

0.69 AC lot

Build-ready commercial parcel in B3 zoning, offered as an approved site covering a drive-through, office, retail, or service use.

Downtown Andover Land For Sale

Downtown Andover Land For Sale

16R High St, Andover, MA 01810

$629,900

Land in downtown Andover with General Business zoning.

Prime Commercial Development Opportunity

Prime Commercial Development Opportunity

555 CALEF Hwy, Barrington, NH 03825

$947,700

9.04 AC lot

9.04± acre commercial land with high-visibility frontage.

Commercial Land with Highway Frontage

Commercial Land with Highway Frontage

559 CALEF Highway, Barrington, NH 03825

$947,700

9.04 AC lot

Commercially zoned land with Route 125 access, conceptual development plans, and frontage beside an Irving Station.

Off-Market Properties in Manchester, NH

Consider similar Off-Market properties in Manchester, NH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

782 Willow St

RESTAURANT

782 Willow St, Manchester, NH 03103-4018

$2,515,000

Estimated value

5,739 sqft 1.49 AC lot

100 Eddy Rd

RESTAURANT

100 Eddy Rd, Manchester, NH 03102-3225

$390,000

Estimated value

6,872 sqft 0.83 AC lot

830 Willow St

RESTAURANT

830 Willow St, Manchester, NH 03103-4019

$465,000

Estimated value

7,914 sqft 0.49 AC lot

373 Hanover St

RESTAURANT

373 Hanover St, Manchester, NH 03104-5032

$250,000

Estimated value

1,595 sqft 0.23 AC lot

102 Elm St

RESTAURANT

102 Elm St, Manchester, NH 03101-2712

$225,000

Estimated value

2,796 sqft 0.23 AC lot

124 Queen City Ave

RESTAURANT

124 Queen City Ave, Manchester, NH 03103-7122

$230,000

Estimated value

2,336 sqft 0.19 AC lot

6 Willow St

RESTAURANT

6 Willow St, Manchester, NH 03103-6322

$1,050,000

Estimated value

3,049 sqft 0.40 AC lot

864 Page St

RESTAURANT

864 Page St, Manchester, NH 03109-4636

$315,000

Estimated value

1,080 sqft 0.14 AC lot

201 Merrimack St

RESTAURANT

201 Merrimack St, Manchester, NH 03103-5230

$240,000

Estimated value

2,034 sqft 0.10 AC lot

50 Granite St

RESTAURANT

50 Granite St, Manchester, NH 03101

$1,800,000

Estimated value

6,555 sqft 0.15 AC lot

401 Willow St

RESTAURANT

401 Willow St, Manchester, NH 03103-5730

$1,150,000

Estimated value

3,183 sqft 0.45 AC lot

670 Mast Rd

RESTAURANT

670 Mast Rd, Manchester, NH 03102-1204

$555,000

Estimated value

2,191 sqft 0.43 AC lot

290 Granite St

RESTAURANT

290 Granite St, Manchester, NH 03102-4043

$400,000

Estimated value

3,234 sqft 0.31 AC lot

742 Mast Rd

RESTAURANT

742 Mast Rd, Manchester, NH 03102-1530

$215,000

Estimated value

4,094 sqft 0.16 AC lot

35 Brk St

RESTAURANT

35 Brk St, Manchester, NH 03101-1214

$950,000

Estimated value

7,524 sqft 0.62 AC lot

1531 Elm St

RESTAURANT

1531 Elm St, Manchester, NH 03101-1351

$285,000

Estimated value

2,739 sqft 0.22 AC lot

737 Hooksett Rd

RESTAURANT

737 Hooksett Rd, Manchester, NH 03104-2643

$450,000

Estimated value

3,848 sqft 1.45 AC lot

201 Hanover St

RESTAURANT

201 Hanover St, Manchester, NH 03104-6115

$1,140,000

Estimated value

13,169 sqft 0.45 AC lot

1685 Willow St

RESTAURANT

1685 Willow St, Manchester, NH 03103-3207

$3,260,000

Estimated value

10,956 sqft 1.61 AC lot

21 Central St

RESTAURANT

21 Central St, Manchester, NH 03101-2423

$800,000

Estimated value

2,953 sqft 0.12 AC lot

1681 Candia Rd

RESTAURANT

1681 Candia Rd, Manchester, NH 03109-5509

$685,000

Estimated value

3,363 sqft 0.64 AC lot

Manchester, NH Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Manchester, NH, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,500 square feet of properties for sale, with an estimated market value of $1,873,000.

Sale prices for restaurant properties in Manchester, NH start at $275,000, averaging $624,333, and reaching up to $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 135K

Population Growth (5Y) +4.9%

Median Household Income $81,000

College Educated 30.0%

High-Yield Neighborhoods for Investment

Identify Manchester submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
03103	$799K

Taxes & Financing

Tax Rate (average for all types) 1.88%

Property Tax per SF $16.10 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hillsborough County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Manchester fall within the 100,000+ square foot range.

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