308 Sunapee Street, Newport, NH, 03773 | $315,000

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.

Features

  • Parking: On-Site,Paved
  • Heating: Mini Split
  • Cooling: Mini Split
  • Zoning: Com/Ind
  • Frontage: 139
  • Year Built: 2004
  • Approx Sq. Feet: 1,476
  • Acreage: 0.63
  • MLS#: 5091542
  • Website: https://www.raveis.com
    /prop/5091542/308sunapeestreet_newport_nh?source=qrflyer
©2026 New England Real Estate Network, Inc. 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 PrimMLS. 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 5/31/2026
Listing courtesy of Coldwell Banker LIFESTYLES   Phone: 603-526-4020
Listing Agent: Buddy Howe

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

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308 Sunapee Street, Newport, NH, 03773

$315,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $252,000 $252,000 $252,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,509 $1,572 $2,076
Total Monthly Payment $1,584 $1,647 $2,151

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.