202 Central StHaverhill, NH 03785
- Other commercial real estate
- 4,569 SF
Property Details for 202 Central St
- Year built
- 1988
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 4,569 SF
- Zone code
- 350 WO
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- HVHL M:00104 B:000030 L:000000
- APU
- HVHLM00104B000030L000000
Description
This thriving restaurant, Shiloh's, presents a unique opportunity for acquisition in Haverhill, New Hampshire. Located at 202 Central St, 03785, this well-established business boasts a prime location at a busy, well-lit intersection. The 4,569 square foot building, constructed in 1988, sits on a 0.34-acre lot and features a wood frame exterior with log siding and an asphalt shingle roof. Inside, two dining areas comfortably seat 110 patrons, enhanced by tasteful electric fireplaces. The extensive, exceptionally well-maintained kitchen is a key asset. A full, finished basement currently used for storage and office space offers potential for expansion, accommodating small functions. The property includes on-site paved parking for 11-20 vehicles. The restaurant's success is built on its classic American fare, featuring fresh, homemade breads, soups, and salads, attracting both locals and tourists. A previously successful catering arm offers further growth potential. Public utilities, including water, sewer, gas (LP/bottle), and telephone, are readily available. The property's commercial zoning ensures flexibility and future development options. Included in the sale are existing furniture and a security system. The asking price is $995,000, representing $217.77 per square foot. This turnkey operation is ready for a new owner to step in and continue its success.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,225,099
- 6.5%
- $1,130,861
- 7%
- $1,050,085
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,506,433
- Geo Method
- $1,504,404
-
Alternative Use
- Use
- Valuation
- Residential
- $953,923
- Hospitality
- $873,789
- Educational
- $726,982
- Medical
- $751,984
- Retail
- $1,130,861
Location Insight
- City
- Woodsville
- County
- Grafton
- State
- New Hampshire
- Latitude
- 44.1436
- Longitude
- -72.0252
- CBSA code
- 30100
- CBSA name
- LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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