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.
New Boston is located in New Hampshire. New Boston, New Hampshire has a population of 6,040. New Boston is more family-centric than the surrounding county with 39.74% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in New Boston, New Hampshire is $125,119. The median household income for the surrounding county is $86,930 compared to the national median of $69,021. The median age of people living in New Boston is 40.9 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 11.8 degrees. The average rainfall is approximately 47.9 inches per year, with 61.9 inches of snow per year.
