List Price: $1,099,000 | $153 per sq.ft. Commercial
Space type
Price Change! Reduced by $500,000 down 45% on October 30th 2024
Date Listed Friday Jun 28, 2024 | MLS# 5002794
Space type
Price Change! Reduced by $500,000 down 45% on October 30th 2024
Date Listed Friday Jun 28, 2024 | MLS# 5002794
To see this Listing
Address: 388 Loudon Road Concord NH
Listed by Rose Culver Granite Rose Real Estate, LLC Cell: 603-496-0034
Description:
PRICE IMPROVEMENT! RARE Prime level lot on Loudon Road just waiting to be redeveloped, not many more lots like this on Loudon Road. Existing building was operated as the popular "Pit Road Lounge", and now it's waiting for a new owner to fix it up and get it back into business.... OR redevelop this prime level lot on Loudon Road for a new use. Located on highly traveled commercial hub Loudon Road where the vast majority of chain stores and restaurants are located. Great location for Medical, Retail, Restaurant with or without drive-through, Medical / Clinic, Retail establishment, Child/Adult care, Dance/Music school and so forth. Location is everything! Near all of the commercial box stores including WalMart. Harbor Freight, Dicks, Sams Club as well as chain restaurants including Texas Roadhouse, Chipotles and Popeyes to name a few. New housing projects include the planned repurposing of The Steeplegate Mall just a mile away, as well as the new Catch Housing around the corner on Sheep Davis Road; as a result this end of Loudon Road will be even more heavily trafficked with potential customers for business at this location. Seller is willing to share information concerning preliminary site investigation with plans prepared for automotive repair use. TRAFFIC COUNT: Roughly 11k VPD, and on Sheep Davis Road (Route 106, just a quarter mile away) 14k+ VPD. Route 393 is .3 miles away.
Building Type : Development | Land | Opportunity | Retail
Sale Includes : Land/Building
Listed by Rose Culver Granite Rose Real Estate, LLC Cell: 603-496-0034
Description:
PRICE IMPROVEMENT! RARE Prime level lot on Loudon Road just waiting to be redeveloped, not many more lots like this on Loudon Road. Existing building was operated as the popular "Pit Road Lounge", and now it's waiting for a new owner to fix it up and get it back into business.... OR redevelop this prime level lot on Loudon Road for a new use. Located on highly traveled commercial hub Loudon Road where the vast majority of chain stores and restaurants are located. Great location for Medical, Retail, Restaurant with or without drive-through, Medical / Clinic, Retail establishment, Child/Adult care, Dance/Music school and so forth. Location is everything! Near all of the commercial box stores including WalMart. Harbor Freight, Dicks, Sams Club as well as chain restaurants including Texas Roadhouse, Chipotles and Popeyes to name a few. New housing projects include the planned repurposing of The Steeplegate Mall just a mile away, as well as the new Catch Housing around the corner on Sheep Davis Road; as a result this end of Loudon Road will be even more heavily trafficked with potential customers for business at this location. Seller is willing to share information concerning preliminary site investigation with plans prepared for automotive repair use. TRAFFIC COUNT: Roughly 11k VPD, and on Sheep Davis Road (Route 106, just a quarter mile away) 14k+ VPD. Route 393 is .3 miles away.
Building Type : Development | Land | Opportunity | Retail
Sale Includes : Land/Building
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1951
Masonry
Price Per SQ.FT. 152.83 No. of Units: 0
Building Size : 7191
Available SQFT : 4717
Building Type: Development | Land | Opportunity | Retail
Year Built: 1951
Masonry
Price Per SQ.FT. 152.83 No. of Units: 0
Building Size : 7191
Available SQFT : 4717
Building Type: Development | Land | Opportunity | Retail
ExteriorRoof: Shingle - Asphalt
InteriorBasement: Stairs - Interior
Land Information
Lot size: 2.21 acres
Zoned: GWP
Flood Zone: No
Road Frontage: 187
Road Frontage: 187
No. of Docks | 0.
UtilitiesUtilities: Cable - At Site | Gas - Underground
AC % | 0.
Additional Information
Easement - Yes
Taxes $16,272
Assesed Value Not Reported
Easement - Yes
Taxes $16,272
Assesed Value Not Reported
Schools
