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15 Newmarket Rd 7,886 SF 100% Leased Retail Building Durham, NH 03824 $2,982,490 CAD ($378.20 CAD/SF)
Investment Highlights
- Meticulously restored buildings fully renovated in 2023
- Potential to add rooms to a strong-performing lodging business
- Zoning allows multi-family development, hotels, medical office, and more
- Ability to enhance revenue with full alcohol service, more food offerings, and expanded hours
Executive Summary
Coastal Land and Commercial Group is pleased to present the opportunity to acquire Tideline Public House at 15 Newmarket Rd. (rt 108) in Durham, NH. Located a few minutes walk from the UNH campus and it's 14,000 students, Tideline has operated an imaginative and unique hospitality business since 2023. The main building was meticulously renovated in 2023 and consists of two bars, one with a fireplace, multiple lounge areas, two private meeting rooms, and 2 guest suites being rented on a short term basis and generating considerable and growing revenue. Just outside are 8 food truck pad sites, complete with electric, water, sewer and propane hook ups. A second building is a renovated and charming bar with a wood stove, and the third building houses a walk in cooler, kitchen equipment, and another set of public restrooms.
Diverse income generated from:
1. Food Truck Pad Leases
2. Meeting and Event Space Leases
3. Bar and Food Service
4. Short Term Overnight Room Rentals.
Tideline has a Google rating of 4.8 stars, and the lodging (Anchor at Tideline) has a 5 star rating.
Diverse income generated from:
1. Food Truck Pad Leases
2. Meeting and Event Space Leases
3. Bar and Food Service
4. Short Term Overnight Room Rentals.
Tideline has a Google rating of 4.8 stars, and the lodging (Anchor at Tideline) has a 5 star rating.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,886 SF
Building Class
C
Year Built
1900
Price
$2,982,490 CAD
Price Per SF
$378.20 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.19
Lot Size
0.93 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Contacts
-
Mark Bouzianis -
Dave Garvey -
Ethan Ash -
Coastal Land & Commercial Group at Keller Williams
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15 Newmarket Rd
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