35 Mont Vernon Rd - Commercial LAND FOR SALE


New Boston, NH 03070 261,255 SF
$1,400,000 USD
603-899-3333
35 Mont Vernon Rd, New Boston, NH for Sale
$1,400,000 USD
Commercial LAND - FOR SALE
1/9
261,255 SF

35 Mont Vernon Rd
New Boston, NH 03070


OVERVIEW

Investment Opportunity: Currently operated under a lease (NNN) as a successful 130 seat full-service restaurant and bar with an additional, separate 60 seat Tavern. Plenty of parking and potential for expanding use to include outside events. Second building on property is the 1600 sq ft Tavern with outside seating over-looking the river. Property has 2 septic systems. Notably this is the only tavern in Town. Property is adjacent to the new Fire Station and New Boston is home to a Space Force Station. Both the Town and the property are rich in history. Assessment information is from 2021. New Boston will be conducting a re-val this year. Using the current equalization ratio puts the assessment at approximately $1.3million. Options: investor (lessee has indicated desire to extend lease), operator at lease end or buy out or redevelopment. Lease information available with execution of NDA.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/ACRE

$233,428/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hospitality

LAND ACRES

6 AC

LAND SF

261,254 SF

OFFSITE IMPROVEMENTS

Electricity

ZONING

COM

APN/PARCEL ID

NBOS-000019-000006

ASK ABOUT THIS PROPERTY

Roberta OeserCharron Real Estate & AssociatesMore Info
603-899-3333

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Roberta OeserCharron Real Estate & AssociatesMore Info
603-899-3333

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