Excellent Commercial Opportunity on Rte 3, Tilton

Retail-Commercial for Sale
Catylist Listing ID: 30148086
Property Subtypes: Free-Standing Building
Building Size (RSF): 3,504 SF
Gross Building Area: See Agent
Gross Land Area: 2.36 Acres
Sale Price: $289,900
Unit Price: $82.73 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/18/2017

Overview / Comments

Excellent commercial opportunity located on Route 3 in Tilton, just a short distance from Exit 20. 2.36 Acres, mostly level with 210 feet of frontage make this property stand out. 3,500 square foot Saltbox is well positioned on the property, and a pipe burst has made the basement and first floor ready for a new footprint. All damage has been 100% addressed and the bones are in great shape waiting for a new look. It was a residential property for many years, and its commercial zoning lent itself to a conversion to restaurant and ice cream shop prior to water damage. Terrific commercial opportunity awaits your ideas!

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $5,334 (Annual)

Additional Details

Nearest MSA: Laconia
County: Belknap
Taxing Authority: Tilton
Tax ID/APN: 000R10-000007-00000A
Zoning: MIXED USE
Retail Clientele: General, Family, Tourist
Property Located Between: I93 Exit 20 and the Winnisquam Bridge
Property Visibility: Excellent
Largest Nearby Street: Laconia Road/Rte. 3
Feet of Frontage: 209
Traffic/Vehicle Count: 17,000
Highway Access: 5 Minutes to Exit 20 I93
Number of Stories: 2
Typical SF / Floor: 1,448 SF
Property Condition: Fair
Year Built: 1880
Roof Type: Gable
Construction/Siding: Wood Siding
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Large Gravel Parking Lot
Sprinklers: None
Heat Type: Oil, Hot Water
Heat Source: Baseboard
Zoning Description: Mixed Use
Lot Frontage: 209
Lot Depth: 490
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,019 6,668 32,146
Median Age: 43.65 42.1 41.97
Households: 441 2,733 13,031

Contact

Photograph of Listing Agent

Kevin Sullivan

Weeks Commercial NECPE Member
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