15 Newmarket Rd - Freestanding FOR SALE


Durham, NH 03824
$2,099,000 USD
603-610-8500
15 Newmarket Rd, Durham, NH for Sale
$2,099,000 USD
Freestanding - FOR SALE
1/54
null | Request Cap Rate

15 Newmarket Rd
Durham, NH 03824


HIGHLIGHTS

  • Meticulously restored buildings fully renovated in 2023
  • Zoning allows multi-family development, hotels, medical office, and more
  • Potential to add rooms to a strong-performing lodging business
  • Ability to enhance revenue with full alcohol service, more food offerings, and expanded hours

OVERVIEW

Coastal Land and Commercial Group is pleased to present the opportunity to acquire Tideline Public House at 15 Newmarket Rd. (Rte 108) in Durham, NH. Located a few minutes walk from the UNH campus and it's 14,000 students, Tideline has operated an imaginative and unique hospitality business since 2023. The main building was meticulously renovated in 2023 and consists of two bars, one with a fireplace, multiple lounge areas, two private meeting rooms, and 2 guest suites being rented on a short term basis and generating considerable and growing revenue. Just outside are 8 food truck pad sites, complete with electric, water, sewer and propane hook ups. A second building is a renovated and charming bar with a wood stove, and the third building houses a walk in cooler, kitchen equipment, and another set of public restrooms. Diverse income generated from: 1. Food Truck Pad Leases 2. Meeting and Event Space Leases 3. Bar and Food Service 4. Short Term Overnight Room Rentals. Tideline has a Google rating of 4.8 stars, and the lodging (Anchor at Tideline) has a 5 star rating.

FOR SALE DETAILS

PRICE

$2,099,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Fast Food, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

B

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mark BouzianisCoastal Land & Commercial Group at Keller WilliamsMore Info
603-610-8500

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Mark BouzianisCoastal Land & Commercial Group at Keller WilliamsMore Info
603-610-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.