377 Main Street, Hopkinton, NH 03229

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1 LANDMARK COUNTRY STORE FOR SALE & SMALL RESTAURANT PRICED TO SELL! 377 Main Street, Hopkinton, NH Listing ID: Status: Active Property Type: Retail-Commercial For Sale (also listed as Business Opportunity, Special Purpose) Retail-Commercial Type: Convenience Store, Free-Standing Building Size: 5,869 SF Sale Price: $325,000 Unit Price: $55.38 PSF Sale Terms: Cash to Seller Overview/Comments A true Landmark in the heart of historic and beautiful Hopkinton, New Hampshire! The current Owners have been operating this country store since 2004 and are looking to retire. This store is currently operating and offers fresh deli products including Boar's head meats, fresh fish, meats, gourmet products, local produce,baked products, pizza, fabulous assortment of wines and beer and many other groceries and items in this thriving country store. The Cracker Barrel is not only store offering groceries, beer, wine, local produce, food, baked goods and gourmet items but is also a restaurant offering breakfast, lunch and dinner with seating for 16 and some outside seating as well. Ample on-site parking both in front, to the side and rear of the Cracker Barrel. Many improvements include a new shingled roof of the main building in 2005, which included replacing boards as necessary, new state approved 1,500 gallon septic system with grease trap (routine maintenance since installed with the last pumping on September 2016), energy efficient windows, new wiring in the basement and first floor, new kitchen with hood, new plumbing, new oil furnace - forced hot water - in 2012, hot water heater off of the boiler 4 years old, replaced and / or reconditioned all refrigeration and A/C on the main level, among many other improvements! The square footage of the store and restaurant is 3,983 +/- square feet, plus a 3,983 square foot basement which includes the boiler and oil tank, propane for the kitchen, and a vast amount of dry storage as well as the conveyor belt to bring product down from the main level. The store and restaurant has central air. The 2nd Floor consists of 1,886 square feet which includes Owner's office, a former studio apartment (which needs to be refinished), a former 2-bedroom apartment with separate heat (which needs to be refinished) and a full walk up attic. Several of the rooms in the apartments have hardwood flooring in place. Potential to use the 2nd Floor as apartments subject to the Town of Hopkinton approval. More Information Online QR Code Scan this image with your mobile device: Page 1

2 There is great upside potential for this property to include the ability to finish the apartments and receive additional income. This is an ideal store to create a "Beer Cave" as well! There is an ATM machine at the store entrance under a newly signed lease in place until April 2020 with increased rent each year. Current store hours of operation are from 6:30 a.m. to 7:00 p.m. Not only does this country store service the Hopkinton, Contoocook Henniker, Concord and other surrounding towns, but many commuters travel through Hopkinton to avoid traveling on Interstate 89 instead. Every year the annual Hopkinton State Fair takes place over Labor Day Weekend. This State Fair has been in existence since 1915 and has become the largest fair in New Hampshire attracting thousands of visitors each year and only minutes from The Cracker Barrel. This offering is price $325,000 INCLUDES the real estate and existing Furniture, Fixtures and Equipment as per attached. Any inventory would be additional. This is a great piece of commercial real estate for sale which any Buyer can use their imagination on or continue operating as The Cracker Barrel! NOTE: There is a "Cracker Barrel" Old Country Store, Inc - a chain of combined restaurant and gift stores which is not associated with The Cracker Barrel General Store in Hopkinton, NH which is for sale. General Information Tax ID/APN: Retail-Commercial Type: Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Street Retail, Other Zoning: HVP2 - HISTORIC VILLAGE DISTRICT Property Use Type: Investment, Vacant/Owner-User, Business Building Name: Gross Building Area: Building/Unit Size (RSF): Land Area: Sale Terms: CRACKER BARREL GENERAL STORE 9,852 SF 5,869 SF 0.28 Acres Cash to Seller Area & Location Retail Clientele: Property Visibility: General, Family, Traveler, Tourist, Recreation Excellent Highway Access: Minutes to Interstate 89 and Route 9 Site Description: Picturesque Town of Hopkinton surrounded by Town buildings and lovely residential neighborhoods. Building Related Tenancy: Single Tenant Total Number of Buildings: 1 Number of Stories: 25 Typical SF / Floor: 3,938 SF Property Condition: Good Year Built: 1790 Year Renovated: 2004 Roof Type: Arched Construction/Siding: Vinyl Siding, Wood Frame, Wood Siding Exterior Description: Front roof covering is Architectural / asphalt shingle - 11 Years old. Rear of building is flat rubber roof - age unknown. Total Parking Spaces: 30 Parking Type: Surface Passenger Elevators: 0 Freight Elevators: 0 Sprinklers: None Heat Type: Oil Heat Source: Central Air Conditioning: Engineered System Parking Description There are approximately 8 on-site parking spaces in the front, 12 on the side of the building and approximately an additional 10 or more in the rear lot. Land Related Lot Frontage: 000 Water Service: Municipal Sewer Type: Easements Description: Septic Neighbor to rear of building has a right of way through rear parking lot to their driveway. Page 2

3 Financials Finance Data Year: 2016 Real Estate Taxes - Annual($): $6,600 (Annual) Tax Value Land: $42,300 Tax Value Improvements: $154,300 Tax Value Personal Property: $45,000 Location Address: 377 Main Street, Hopkinton, NH County: Merrimack MSA: Concord Property Images CLOSE UP ENTRANCE CLOSE UP EXTERIOR Page 3

4 CLOSE UP SIDE PARKING LOT DISTANCE PHOTO PARKING OUTSIDE SEATING ANOTHER VIEW OF PRODUCTS Page 4

5 BEHIND DELI 2 CHECKOUT & BAKED GOODS BEHIND DELI AND MEAT CHECKOUT BEHIND DELI COUNTER CLOSE UP OF COOLER Page 5

6 CLOSE UP OF PRODUCTS CLOSER UP CLOSE UP OF STOCK COFFEE CLOSE UP DELI MENU Page 6

7 FOOD AISLE INTERIOR VIEW 2 RETAILFREEZER STOCK INTERIOR VIEW FRESH FOODS KITCHEN Page 7

8 MEAT AND DELI MORE AISLES MENU BOARD MORE DRINK COOLERS MISC DISPLAY MORE PRODUCT Page 8

9 MORE PRODUCTS AISLES PEPSI COOLER MORE PIZZA MORE PRODUCTS PRODUCT SIGN Page 9

10 SOME PRODUCE VIEW OF DINING STOCK WINE VEW OF FRONT OF STORE Page 10

11 Property Contacts Wendy E. Keeler Fairway Real Estate, LLC [M] [O] Page 11 Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume any liability for errors or omissions.