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15 Newmarket Rd
Durham, NH 03824
Asking Price
$2.10M
Asset Type
Restaurant Land
Class
Class B
What's Special
Tideline Public House <ul><li>Food Truck Pad Leases</li><li>Meeting and Event Space Leases</li><li>Bar and Food Service</li><li>Short Term Overnight Room Rentals.</li><li>Land (SF): 47,729 SF</li><li>Meticulously restored buildings fully renovated in 2023</li><li>Ability to enhance revenue with full alcohol service, more food offerings, and expanded hours</li><li>Zoning allows multi-family development, hotels, medical office, and more</li><li>Potential to add rooms to a strong-performing lodging business</li
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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,384.707
Annual Cash Flow
$-44,616.481
