Price Reduced 31.27%

Listing courtesy of Rose Culver, Granite Rose Real Estate, LLC Cell: 603-496-0034


Price History

$1,599,000
6/28/2024

$1,099,000
10/30/2024


388 Loudon Road, Concord, NH, 03301

388 Loudon Road, Concord, NH, 03301

1951

4,717 sqft

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.


Status:

Active

Type:

Commercial

Zoning:

GWP

Frontage:

187

Acreage:

2.21

Est. Taxes:

$16,272

Assessment

$605,800

Construction

Masonry

MLS #:

5002794


Community Info

School Info

Walk Score

Mass Transit

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