12 Lancaster Rd
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12 Lancaster Rd
2,501 SF Retail Building Gorham, NH 03581 $399,000 ($160/SF)
Investment Highlights
- High Traffic area, and on busy ATV/UTV trail system
Executive Summary
Superb location, on the ATV/UTV trail system. The adage "location, location, location" is often considered the golden rule of the restaurant business and this is a great location! Simplicity of the current menu is ideal but it could also be adapted to any other great business. This is a great opportunity for a franchise or comfortably run the business of your choice! The workweek can be flexible (currently the business is open 5days a week and closed for the month of October). This meticulously maintained free standing 2,500sq. ft+- building with indoor and outdoor seating includes a recently paved parking lot, a fully equipped, clean kitchen and an array of impressive features such as a 1000-gallon grease trap, electrical service, providing ample power to support your business operations without any constraints and a new (installed 12/23) heating/a/c unit. The inclusion of a take-out window further enhances the convenience factor for customers on the go, POS and a surveillance system also included. Owner finance options are available. Longterm lease/buy for the building. Owner is seeking retirement but will provide hands on training to ensure a smooth transition.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,501 SF
Building Class
C
Year Built
1998
Price
$399,000
Price Per SF
$160
Building Height
1 Story
Building FAR
0.12
Lot Size
0.48 AC
Zoning
RA - RA -https://www.gorhamnh.org/sites/g/files/vyhlif621/f/pages/2020-09-18_draft_zoning_ordinance_changes.pdf
Parking
17 Spaces (6.79 Spaces per 1,000 SF Leased)
Frontage
183 FT on Lancaster Rd
Amenities
- Drive Thru
PROPERTY TAXES
Parcel Number | GORH-000008-000000-000032-U000000 | Improvements Assessment | $107,800 (2023) |
Land Assessment | $94,500 (2023) | Total Assessment | $202,300 (2023) |
PROPERTY TAXES
Parcel Number
GORH-000008-000000-000032-U000000
Land Assessment
$94,500 (2023)
Improvements Assessment
$107,800 (2023)
Total Assessment
$202,300 (2023)
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12 Lancaster Rd
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