9,852 Square Foot Retail Space For Sale @ 377 Main St

377 Main St, Contoocook, NH 03229

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Wendy E. K.

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A true Landmark in the heart of historic and beautiful Hopkinton, New Hamsphire!
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 also offers 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, new flooring, 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 large walk-in cooler for produce, compressor room which includes a new meat room compressor, electrical panels, 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.

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. 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 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 priced as follows:

Real Estate: $375,000
Business: $109,000
Furniture, Fixtures & Equipment: $45,000
Total Price: $529,000

Inventory additional at time of sale. Owners expect to gross over One Million in gross sales for 2016. Financials available upon signing of a confidentiality agreement.

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 (The Cracker Barrel, LLC) in Hopkinton, NH which is for sale.

Listing company: Fairway Real Estate, LLC

Pricing: Contact for Pricing

Availability: Now

Listing ID: 1064266


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Sale Price: $0

Size: 9,852 square feet

Type: Retail Space

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