Listed by Rose Culver with Granite Rose Real Estate, LLC Cell: 603-496-0034

Active

388 Loudon Road

Concord NH, 03301

$1,099,000


$152.83 per sqft

Active

7,191 sqft

Commercial

Built in 1951

PRICE IMPROVEMENT! RARE Prime level lot on Loudon Road just waiting to be redeveloped, not many more lots like this on Loudon Road. Existing building was operated as the popular "Pit Road Lounge", and now it's waiting for a new owner to fix it up and get it back into business.... OR redevelop this prime level lot on Loudon Road for a new use. Located on highly traveled commercial hub Loudon Road where the vast majority of chain stores and restaurants are located. Great location for Medical, Retail, Restaurant with or without drive-through, Medical / Clinic, Retail establishment, Child/Adult care, Dance/Music school and so forth. Location is everything! Near all of the commercial box stores including WalMart. Harbor Freight, Dicks, Sams Club as well as chain restaurants including Texas Roadhouse, Chipotles and Popeyes to name a few. New housing projects include the planned repurposing of The Steeplegate Mall just a mile away, as well as the new Catch Housing around the corner on Sheep Davis Road; as a result this end of Loudon Road will be even more heavily trafficked with potential customers for business at this location. Seller is willing to share information concerning preliminary site investigation with plans prepared for automotive repair use. TRAFFIC COUNT: Roughly 11k VPD, and on Sheep Davis Road (Route 106, just a quarter mile away) 14k+ VPD. Route 393 is .3 miles away.

5002794

MLS ID

June 28, 2024

Listed

November 4, 2024

Updated

Map

388 Loudon Road
Concord NH, 03301

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.21 Acres


Roof

Shingle - Asphalt


Sewer

On-Site Septic Exists, Public Sewer at Street

Other Property Details

Area Name

NH-Merrimack


Taxes

$16,272


Tax Frequency

Annually


Days on Market

129


Garage

No


View

No


Pool

No

Listing History

Date

Event

Price

10/30/2024

Price change

$1,099,000

-32%

Listed by Rose Culver with Granite Rose Real Estate, LLC Cell: 603-496-0034

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