56 MAIN STREET Durham, NH 03824 | Commercial Sale | Investment, Opportunity, Retail

$1,725,000

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5500 sqft.
KW Coastal and Lakes & Mountains Realty Logo
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KW Coastal and Lakes & Mountains Realty

Description

Investment opportunity with a single tenant restaurant space that is in the heart of Downtown Durham. This recently renovated location has been updated top to bottom, with all new electrical, plumbing, commercial kitchen, flooring, and fixtures. The restaurant tenant has put over $1M in improvements to the space. Caio, the restaurant tenant, has a long term, triple net terms in place and have strong experience in this industry. For investors looking for a strong cash flow with very minimal work, this is that right moment to invest.

Property Details

List Price $1,800,000 Sold Price $1,725,000 List Date 2021-09-07 Sold Date 2022-04-14 MLS ID 4881348 Status Closed Property Type Commercial Sale Business Type Investment, Opportunity, Retail County NH-Strafford Days on Market 136

structure

basement Yes Total Baths 0 building area total 5500.0 building area units Square Feet living area 5500.0 living area units Square Feet Parking Features On Street, Paved roof Flat stories 2 year built 1920

characteristics

current use Free Standing Building, Retail Condo Acres 0 lot size area 0.13 Lot SqFt 5663.0 # of Units 1 view y n No waterfront features No waterfront y n No

tax

tax annual amount 31607.0 tax year 2020 zoning CBD

contract

foreclosure y n No

compensation

Buyer Agency Comp. 1.75 Buyer Agency Comp. Type % Non-Rep Comp. 0 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/19/2024 1:01:23 AM (UTC)