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$485,000
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Property Description
TURNKEY RESTAURANT WITH RESIDENTIAL APARTMENT. PROPERTY HIGHLIGHTS: Prime downtown location in Newmarket, NH. Turnkey restaurant with all equipment included, including fully equipped kitchen; see attached equipment list. Spacious 2 bedroom residential apartment upstairs for added income or owner occupancy. Generous 800 SF patio area for outdoor dining or events. Site has a high traffic count. Exceptional visibility on 2 major roads, and steady foot traffic and exposure for your business. Ample private shared parking lot for customer's convenience...this is EXTREMELY rare in Newmarket. SIGNIFICANT incentives for cash buyers. ADDITIONAL POTENTIAL: Historically held a beer and liquor license, offering potential additional revenue streams and business opportunities. Walk up ice cream stand set up by outdoor patio at one time. Close to University of New Hampshire in Durham and only 25 minutes from bustling Portsmouth. NEWMARKET IS RANKED THE #1 TOWN IN THE STATE FOR GROWTH OF YOUNG AND UPCOMING PROFESSIONALS MOVING AND LIVING IN NEWMARKET. The average age of residents in Newmarket is 37 years old. Newmarket is a rapidly growing, booming area with fast rising property values. Don't miss this exceptional investment opportunity! Whether you are an experienced Restaurateur looking to expand your portfolio or an Investor seeking a profitable mixed-use property, this turnkey restaurant in Newmarket is sure to exceed your expectations.
Full Property Details
Full Property Details for 171 Main St
General
- Sold For: $485,000
- Taxes: $6,782 (2023)
- Status: Closed
- Type: Retail
- Source: PrimeMLS
- MLS ID: 5000434
- Added to Site: 663 day(s) ago
Parking
- Parking: On-Site, On Street, Paved, Unassigned
Location
- County: Rockingham
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Unfinished
- Square Feet: 2,268
- Finished Total: 2,268 Sq. Ft.
- Year Built: 1890
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Frontage: Yes Road Frontage
- Frontage Feet: 40
- Zoning: M2
Financial Considerations
- Price Per Sq. Ft.: $213.84
- Tax Amount: $6,782
- Tax Year: 2023
Listed and Sold by BHHS Verani Seacoast, Roxanne Barnes
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Schools
Schools serving 171 Main St
School District:Newmarket School District
| Name | Grades | Distance |
|---|---|---|
Newmarket Elementary School 243 South Main Street, Newmarket, NH 03857 | PK-5 | 0.7 mi |
Newmarket Jr.-Sr. High (Elem) 213 South Main Street, Newmarket, NH 03857 | 6-8 | 0.4 mi |
Newmarket Jr.-Sr. High School 213 South Main Street, Newmarket, NH 03857 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 171 Main St
Date
Details
Price
Change
Source
9/13/2024
Sold
$485,000
-5.64%
MLS
8/18/2024
Price Reduced
$514,000
-7.39%
MLS
6/13/2024
Listed
$555,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
171 Main Street, Newmarket, NH 03857 (MLS# 5000434) is a Retail property that was sold at $485,000 on September 13, 2024. Want to learn more about 171 Main Street? Do you have questions about finding other Retail real estate for sale in Newmarket? You can browse all Newmarket real estate or contact a Coldwell Banker agent to request more information.

