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Posts with tag 'commercial property'

Badger Peabody & Smith Blog

July
8

Lisbon, NH – A landmark in the town of Lisbon, Lisbon Village Pizza recently changed hands to a new local owner.

The landmark pizza restaurant has been a sought after fixture in the town for over twenty years and was recently sold from the Antonakakis family to the Chesley family of Sugar Hill.

The Chesley's are not new to the food service business, as they also own the Sugar Hill Inn, a successful restaurant and lodging facility located just ten miles away.

For the Chesley's, this opportunity allowed them to expand their business with the ability to purchase another...

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February
11

Bethlehem, NH – After nearly a decade of stewardship by the Bedor family, the Adair Country Inn and Restaurant is available for sale as the Bedor family transitions to retirement.

For almost a decade, Joel and Cathy Bedor have owned the renowned Adair Country Inn and Restaurant in Bethlehem, NH. The inn is steeped in history as the estate was built in 1927 by Frank Hogan as a gift to his only daughter, Dorothy Adair Hogan, when she married John W. Guider. In the last thirty years, the Adair was converted from a home to a classic inn and restaurant welcoming guests from the local area and far beyond. The inn and restaurant are known for featuring a relaxed and inviting atmosphere w...

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November
29

Wings Markets in Thetford and Fairlee, Vermont recently changed hands. Don and Mary (Wing) Davenport announced the sale of both markets to Sam Adams of Williamstown, VT.

Wings Market was started by Mary's father, Stan, in Thetford in 1954 and has been a family owned and operated business since. Mary worked in the store and eventually purchased the store upon her father's retirement. In 1994 Mary and her husband, Don, purchased some property and opened the Wings Market in Fairlee, Vt in 1995. Both are full-service markets with active delis. The Fairlee location offers gas and diesel as well.

The Davenport's hoped to sell the markets to someone who would continue to operate it as it has been and to keep the Wings Market name. "Don and I had been chatting off and on with Sam about the stores and when we decided it...

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February
8

Unbeknownst to some real estate investors, purchasing commercial property is much different than buying residential real estate. In many ways, it is a whole other market with entirely different tenants involved. What's more, depending on the area, the commercial real estate market can be substantially different than other parts of the country. Plymouth, New Hampshire is no exception. If you are indeed looking at Plymouth commercial real estate, here are a few quick tips for you to consider before buying.  

Businesses Like Neighbors

Businesses are like people; they like to be surrounded by each other. In other words, it would be a questionable decision to buy a piece of commercial property in the middle of a residential neighborhood. When you are looking for Plymouth commercial real estate,...

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July
6

Soon in Woodsville, NH a new furniture store will be part of their downtown area, asModern Furniture and Bedding purchased the former Riverview Market property on Central Street Wednesday. Modern Furniture & Bedding has locations in Newport and Lyndonville VT, and they are owned by two brothers, Dwight and Steve Abbott. They have over 25 years of experience in the furniture business and are excited about their new location. Modern Furniture carries a number of product lines including: Serta, Tempur-Pedic,Ashley, and many more. The property was built in the mid 1980's, has 7,700 square feet and plenty of on-site parking.

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