For Sale
$1,900,000

22 Mtn DrLincoln, NH 03251

Upscale Restaurant, Turnkey Operation, Mountain Views

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional opportunity to acquire the established "La Vista" restaurant and its real estate in Lincoln, New Hampshire. This turnkey operation boasts a prime location at the base of Loon Mountain's South Peak project, within the Riverwalk property and its 120+ condominiums. The property, built in 2013, offers approximately 3,500-4,000 square feet of space and is currently for sale by owner, including the business and all equipment. The restaurant features a professionally built-out kitchen and bar, seating up to 120 patrons inside, with additional seating on a covered veranda overlooking seasonal amenities (ice skating rink and pools). The main bar seats 18, and a pizza bar seats 8, offering diverse dining experiences. The dining area includes a pergola with booth seating and additional areas suitable for large groups. A wood-fired pizza oven is a key feature, producing unique flatbreads and appetizers. The property's Net Operating Income (NOI) is $185,000, resulting in a 9.74% capitalization rate. The asking price is $1,900,000, with an occupancy date of November 14, 2023. A significant hotel expansion is underway, scheduled for completion in Spring 2024, promising increased customer traffic. This presents a rare chance to own a thriving restaurant business in a stunning mountain setting.

Property Details for 22 Mtn Dr

Property type
Retail properties, Restaurants
Square Feet
3,500 SF
Year Built
2013
Units
1

Location Insight

City
Lincoln
County
Grafton
State
New Hampshire
Latitude
44.041797941727
Longitude
-71.669111659504
22 Mtn Dr, Lincoln, New Hampshire

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22 Mtn Dr
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