21 Kearsarge Rd - Restaurant FOR SALE


North Conway, NH 03860
$525,000 USD
978-873-3072
21 Kearsarge Rd, North Conway, NH for Sale
$525,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

21 Kearsarge Rd
North Conway, NH 03860


HIGHLIGHTS

  • Located in high traffic location.
  • Well maintained property.

OVERVIEW

Unique Hospitality and Real Estate Ownership Opportunity in regionally recognized, high traffic New Hampshire Tourist destination. Located Immediately off the main drag in North Conway this is a tremendous opportunity to be your own Landlord while Growing Both Long Term Equity and Immediate Cash Income North Conway was recently ranked the #1 best ski town in the northeast, 2nd best small town in the northeast and the # 4 destination for snow in the northeast by, all USA today, in 2024. Previously grossing over $500,000 in annual sales, this restaurant is an immediate plug and play for any owner. Recently updated with 64 seats and a 4 tap system, mini splits, new FF&E and interior decoration. Any owner is sure to capitalize on the year round traffic. One block off the main drag of the white Mountain Highway the property is visible from Main Street and Kearsarge Road is used as a main corridor to get to Cranmore Mountain. Over 14,000 cars pass by a day and the foot traffic is constant. Previous Owner SDE is in excess of $80,000 a year with a potential for an extra $15,000 savings on rent, straight to the bottom line. Financials available upon request Must See Desirable Opportunity! Perfect Time to Capitalize on 2025 Summer Tourist Season.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,208 SF

ZONING

VC

APN/PARCEL ID

CNWY-000218-000000-000112

ASK ABOUT THIS PROPERTY

Todd KossRealty One Group Next LevelMore Info
978-873-3072

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

Todd KossRealty One Group Next LevelMore Info
978-873-3072

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