Commercial Sale at 308 Sunapee Street, Newport
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$299,000

Under contract
308 Sunapee Street
Newport, NH 03773
Listed by Buddy Howe · Coldwell Banker LIFESTYLES
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2004

About this home

There’s something special about places like Dad’s — the kind of restaurant people grow up with, bring their kids to, and remember for years. This well-known local favorite blends a classic drive-in feel with a strong reputation for great food, community connection, and small-town charm. For years, Dad’s has been more than just a restaurant — it has been a place that employed local youth, taught young people valuable skills in the kitchen, and became part of the fabric of the community. Perfectly positioned in a high-traffic location with excellent visibility, the property sits directly across from the beautiful Sugar River, adding to the atmosphere and experience customers have come to love. The building itself is in excellent condition and offers a true turnkey opportunity for someone looking to step into an established and respected business. The restaurant includes indoor seating with air conditioning, covered outdoor seating, two bathrooms, paved parking, additional rear parking, and even a playground area for kids behind the building — creating an environment families naturally gravitate toward. A metal roof adds long-term durability, while recent upgrades have already been completed for the next owner, including the purchase of three new deep fryers, a new freezer, and two newer True commercial coolers. All equipment, furnishings, and business fixtures are included in the sale, making this a rare opportunity to take over a fully operational and beloved restaurant with an established reputation already in place. Whether you continue the legacy of Dad’s or bring your own vision to the space, the foundation is already here for success. Call today for your private tour.

Property details

MLS
Prime MLS
MLS #
5091542
Property type
Commercial Sale
Subdivision
N/A
Status
Under contract
Days on market
72
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.63 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Richards Elementary School
0.87 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
351
Student:teacher ratio
10.6:1
District
Newport School District
Middle
Newport Middle School
1.06 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
205
Student:teacher ratio
10.3:1
District
Newport School District
High
Newport Middle High School (High)
1.06 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
295
Student:teacher ratio
10.5:1
District
Newport School District

Walkability

Blended score for Newport's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

35
Car-dependent
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
28 / 100
Restaurants & cafes0
Grocery stores0
Parks3
Schools2
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in Newport, from live MLS data.

On the market 72 days -- 87 fewer days than Newport's current average of 159 days.
For reference, the median list price across 77 active listings in Newport right now is $275,000.

Mortgage calculator

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Est. monthly payment
$1,951/mo
$59,800 down
$239,200 loan
Principal & interest$1,551
Property tax (est.)$249
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 08/08/26.