 802-295-1355
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Price Change! reduced by $800,000 on March 31st 2024 $5,950,000 | $195 per sq.ft. Commercial Property, 81 Whittier Highway Moultonborough NH | Space type MLS# 4955040 |
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| DESCRIPTION
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BRING YOUR OFFERS - Motivated Seller. Exciting New Price of $5,950,000 - 9.6 Cap Rate with 3% annual increases, and almost 3 years left on the Lease. Excellent Investment opportunity or an Ideal hands off 1031 Exchange property. 81 Whittier Highway with 3.85 acres was built in 2014, and is a high quality 28,967 SF Office Building and has been maintained in excellent condition. The Lease renewed in 2022 for 5 years to end of January 2027. In the current year 2024, the net income is at a 9.08 Cap Rate and 3% annual increases, making this an attractive 1031 exchange property for a Buyer. The property serves as the World Headquarters for CruCon Cruise Outlets. Fantastic setting in picturesque Moultonborough, on the North end of Lake Winnipesaukee. Moultonborough has Lake Winnipesaukee at it's South border, and Squam Lake at its West border. Boston Companies - Bring yourself, your business, and your employees to enjoy the NH Lakes Lifestyle.
Building Type : Office Equipment : Security System | Sprinkler System | Air Conditioner | Generator - Standby Misc : Fire System | Elevator - Passenger Sale Includes : Land/Building Signage-| Adequate Price per SQFT | 194.52 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0 | |||
| FEATURES AND DETAILS
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CONSTRUCTION: Other Exterior | Price Per SQ.FT. 194.52 | Year Built: 2014 No. of Units-| 0 Building Size | 30588 Available SQFT | 28967 |
Building Type: Office Sprinkler | Wet. Roof: Shingle - Asphalt Garage And Parking: On-Site | Parking Spaces 21+ Road Frontage: 546 Utilities: Other No. of Docks | 0. No. of Drive Doors | 30588. AC % | 100. |
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| LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 3.85 acres Zoned: Commercial Road Frontage: 546 |
Taxes $17,904 | Assesed Value $0 in | ||
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Data last updated July 7th, 2024 |
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