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Lebanon NH Commercial Listing $1000000 to $99999999
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- Under Contract
Description:This highly visible and well-known property offers a range of benefits and possibilities for the savvy investor. Included in the sale is the building itself, a fully operational and successful pizza restaurant complete with business assets and furniture, fixtures, and equipment (FF& E). Additionally, three other tenants are already in place, providing immediate rental income. Two of these tenants are tenants-at-will (TAW), while one has a lease in effect until July 2024. Coordinate long-term lease extensions with existing tenants or take advantage of the property's versatility and use it according to your needs and vision. Featuring exceptional visibility and accessibility, with an impressive 11,000 car traffic count. This ensures that your business will receive maximum exposure, attracting a steady stream of potential customers. Additionally, the building, constructed in 1987, boasts modern features that make it suitable for a wide range of uses, providing flexibility for future ventures. The property is strategically located amidst ample public parking, which greatly supports both tenants and customers. The pizza restaurant within the building is a true gem, generating exceptional cash flow. It includes a full bar known as the "Cave," adding a unique and enticing element to the establishment. The restaurant has a proven record of historical performance, and there are ample opportunities for further growth and success under new stewardship.
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Price Change! reduced by $600,000 down 14% on November 19th 2024
Description:Discover this extraordinary investment opportunity from a Motivated Seller at Mascoma Lake, offering a 21-unit portfolio consisting of 3 prime locations on NH Rt. 4a. The portfolio includes two single-family waterfront homes located at 117 and 125 NH Rt. 4a, providing stunning lake views and private beach access, perfect for year-round enjoyment. Adjacent to 117 NH Rt. 4a is a versatile 11-unit multifamily property, featuring waterfront apartments, with large trex deck overlooking the lake. It has its owned beach access, offering tenants direct lakefront enjoyment and enhancing its rental appeal. Across the street at 118 NH Rt. 4a, are 8 townhomes, each with 2-3 bedrooms. They offer immense potential for a condo conversion, making this an exciting opportunity for developers or investors. Whether you’re looking for a long-term rental income opportunity or a chance to develop a premium lakeside community, this portfolio delivers with a blend of residential and multifamily potential. Don’t miss your chance to own a rare slice of Mascoma Lake living.