Property 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.

Property Features