Listing Provided Courtesy Of: American Dream Real Estate Associates, L - Jeffrey Brown
Last Updated: 2/26/2017 2:19 AM
Description for 83 Henniker Street Hillsborough, NH 03244
Respected traditional New England diner for sale, offering a cap rate of 10%+. The owner is offering sale in either of two configurations: 1) business alone ($110K), OR 2) building, land, equipment and business ($299,900). The owner will consider holding a note on the sale of the business. The 1,654 sq ft bldg is situated on a .54 acre corner lot at the corner of Preston St), with 275 ft of frontage on Henniker Street. The building consists of a traditional diner with an addition. It seats 70 (59 seats, 11 stools) and has parking for 75 vehicles. The building has a newer roof (1/2 aluminum 2 years old; 1/2 rubber 1 year old), floor (5 years old), furnace (2 years old), water heater (new), and dishwasher (new), as well as some newer equipment. The business has been operating at less-than-full capacity for upwards of two years and offers great potential for growth for a new and motivated owner, with expanded hours, enhanced menu offerings, a website, etc. The diner is located along well-traveled Henniker St.
Public Water Service
A/C - Other, Air Cond. Unit
Oil, Other, Forced Air, Other
Exterior / Lot Features
On Site, Paved Driveway
Current market conditions for 83 Henniker Street
Active Market Trends
Median list price$169,750
Days on market125
Properties for sale40
Sold Market Trends
Median sold price$150,000
Sales to list price9,774.0%
Median sq ft price$99
Arrows indicate 90 day trend
Listing Price History for 83 Henniker Street
Hillsborough Real Estate
Hillsborough is located in New Hampshire. Hillsborough, New Hampshire 03244 has a population of 2,796.
The median household income in Hillsborough, New Hampshire 03244 is $51,228. The median household income for the surrounding county is $70,472 compared to the national median of $53,046. The median age of people living in Hillsborough 03244 is 35.8 years.
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