Excellent Commercial Opportunity on Rte 3, Tilton

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30148086
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 3,504 SF
Gross Building Area: See Agent
Gross Land Area: 2.36 Acres
Sale Price: $284,000
Unit Price: $81.05 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2017

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. Self Storage permitted by special exception. 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!


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
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


Photograph of Listing Agent

Kevin Sullivan

Weeks Commercial NECPE Member
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