Lake Commercial For Sale
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.Property Details
- Beds: 0
- Baths: 0.0
- Year Built: 2014
- Location: Lake Kanasatka
- Acres: 3.850
- County: Carroll County
- Roof: Asphalt
- Property Taxes: $17,904
- MLS #: 4955040
Location
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Ad Statistics:
| Ad Number : | 3865467 |
| Viewed: | 289 times |
| Added: | Aug 17, 2023 |
| Updated on: | Mar 31, 2024 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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Listing Agent: Gerry OConnell, keller williams coastal realty, 603-610-8950, 603-610-8500 Listing Site, Listing Status: Active
Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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