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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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35 Mont Veron Rd , New Boston, NH 03070
$1,400,000
Est. Payment: $3,111.11/mo
0 Bed
0 Bath
4600 Sqft
Status: Active | Days on site: 31
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House Description

OPPORTUNITY with this 6.49 acre parcel. Located just south of the New Boston Village on NH Rt 13, this parcel is under utilized with 455' road frontage and 1000' frontage on the Southern Branch Piscataguog River. Currently operated under a lease (NNN) as a successful 130 seat full-service restaurant and bar with an additional, separate 60 seat Tavern. Plenty of parking and potential for expanding use to include outside events. Second building on property is the 1600 sq ft Tavern with outside seating over-looking the river. Property has 2 septic systems. Notably this is the only tavern in Town. Property is adjacent to the new Fire Station and New Boston is home to a Space Force Station. Both the Town and the property are rich in history. Assessment information is from 2021. New Boston will be conducting a re-val this year. Using the current equalization ratio puts the assessment at approximately $1.3million. Options: investor (lessee has indicated desire to extend lease), operator at lease end or buy out or redevelopment. Lease information available with execution of NDA.

Highlights

Listed by Roberta Oeser , 603-899-3333 Charron Real Estate & Assoc. , 603-899-3333.

Property Type

Commercial Sale

Lot/Acreage
6.49

Year Built

1790

County

Hillsborough

Listing ID

5105285

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Yes,Crawl Space,Partial

Exterior Features

Lot:Level,Open,Waterfront,South Branch Piscataquog River, Waterbody Type: River, Waterbody Access: Exclusively Owned
Zoning:Commercial
Roof:Asphalt Shingle,Metal
Sewer:On-Site Septic Exists,Private,Septic Design Available,Septic
Parking Features:On-Site,Parking Spaces 21+,Unpaved
Principal Interest
$3,111
Taxes
$1,902

Home Price

$1,400,000

Loan Details

30 yrs
%

Down Payment

20%
$280,000
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Monthly Price:
$3,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,111.11 $1,901.50 $0.00 $5,012.61
Yearly $37,333.33 $22,818.00 $0.00 $60,151.33
Total $1,120,000.00 $684,540.00 $0.00 $1,804,540.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (New Boston, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.