32 Main StPittsfield, NH 03263

Property Details for 32 Main St

Year built

1887

Lot size

0.08 AC

Property size (Sq ft)

10,134 SF

Zone code

COMMER

Property type

Showrooms

APN

PTFD M:00U03 L:000070 S:000000

APU

PTFDM00U03L000070S000000

Description

This exceptional commercial property, located at 32 Main Street in Pittsfield, New Hampshire, presents a unique investment opportunity. The property, zoned commercial, encompasses a total of 10,134 square feet on a one-acre lot, with 3,241 square feet currently vacant. The building's previous use was as a restaurant and tavern, featuring a substantial bar area, a stage suitable for live entertainment, a fully equipped kitchen, and a sizable dining area. The building is situated on Main Street, offering excellent visibility and accessibility in the heart of Pittsfield, a growing town near Concord, NH. The property's address is 32 Main Street, Pittsfield, NH 03263, with a cross street of Elm Street. The Merrimack County Assessor's Parcel Number (APN) is 000U03 000070 000000. This single-tenant property offers significant potential for a new owner to revitalize a beloved community gathering spot. The existing infrastructure provides a solid foundation for a variety of restaurant or entertainment concepts. The ample square footage allows for creative design and layout options, catering to diverse business needs. The property's prime location on Main Street ensures high visibility and convenient access for customers. This is an ideal opportunity for an entrepreneur seeking to establish a thriving business in a vibrant and growing community. The vacant space presents a blank canvas for a new owner to create a unique and successful establishment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,462,916

  6.5%

  $2,273,461

  7%

  $2,111,071

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,336,753

  Geo Method

  $3,336,753

• Alternative Use

  Use

  Valuation

  Residential

  $1,917,749

  Hospitality

  $1,756,648

  Educational

  $1,461,510

  Medical

  $1,511,774

  Retail

  $2,273,461

Location Insight

City

Pittsfield

County

Merrimack

State

New Hampshire

Latitude

43.3053

Longitude

-71.328

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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