For Sale
$695,000

30 Park AveKeene, NH 03431

Profitable Multi-Unit Retail & Residential Property

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a well-established retail and residential property located at 30 Park Ave, Keene, NH, 03431. The property, built in 1950, encompasses a substantial 4,185 square feet situated on a 0.22-acre lot. The building is classified as Class B and features a two-story structure with one building. The zoning is designated RES-HIGH DENSITY, allowing for a variety of potential uses. The property currently operates as a thriving convenience store and grocery business on the ground floor, complemented by two income-generating apartments on the second floor. This turnkey operation includes the real estate, the existing business, all owner-owned fixtures and equipment, and the rental income from the apartments. The asking price is $695,000, translating to $166.07 per square foot. The property enjoys a highly visible location within a small neighborhood shopping plaza, ensuring convenient access for customers and residents alike. This presents a unique opportunity to acquire a profitable, established business with significant upside potential in a desirable New Hampshire location. The property's multi-unit nature provides a diversified income stream, enhancing its overall investment appeal. This is a rare chance to own a complete package – a thriving business, rental income, and the underlying real estate – all in one acquisition.

Highlights

  • Exceptional investment opportunity: 4,185 SF retail & residential property in Keene, NH.
  • Class B, two-story building on a 0.22-acre lot, built in 1950.
  • High-density zoning (RES-HIGH DENSITY) allows for diverse uses.
  • Turnkey operation includes a thriving convenience store/grocery, two income-generating apartments, all fixtures & equipment.
  • Asking price: $695,000 ($166.07/SF), located in a visible neighborhood shopping plaza.

Property Details for 30 Park Ave

Property type
Retail properties, Retail space
Square Feet
4,185 SF
Class
B
Year Built
1950
Buildings
1
Stories
2
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Keene
County
Cheshire
State
New Hampshire
Latitude
42.935513846614
Longitude
-72.301914619796
30 Park Ave, Keene, New Hampshire

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30 Park Ave
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