Prime Location for Retail / Office Meredith NH

Retail-Commercial for Sale
Catylist Listing ID: 30442493
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 11,778 SF
Gross Land Area: 1.50 Acres
Sale Price: $780,000
Unit Price: $66.23 PSF
Property Use Type: Investment
Usable Size (USF): 9,467 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2019

Overview / Comments

Location, Location, Location ! This exceptional commercial space and warehouse has ample parking and a flexible floor plan on 1.5 acres. Great potential for corporate or franchise use for this prized location. The property is easily accessible from routes 3, 104 & 106, all major routes to access Meredith Center and town docks on beautiful Lake Winnipesaukee. High visibility, traffic count and reduced speed zone 15 MPH combined with neighboring restaurants, hotels & major franchises sharing the corridor makes this an exceptional offering. Lake Winnipesaukee is the Jewel of NH and Meredith is a major tourist and access point.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $7,384 (Annual)

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: Map S23, Lot 10
Zoning: CB&R
Retail Clientele: General, Business, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Rt 3
Feet of Frontage: 496
Traffic/Vehicle Count: 14,000
Highway Access: Located on US Route 3/25 right near the junction of NH Rt. 104. 10 miles from I-93 Exit 20.
Airports: Laconia, Manchester
Site Description: Slightly sloping lot with open visibility and access from two entrances.
Area Description: Meredith is the hub of activity throughout the year, as a major crossroads through the Lakes Region. It's an extremely popular tourist and vacation destination.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1976
Roof Type: Gambrel
Construction/Siding: Vinyl Siding
Exterior Description: Two connected gambrel style buildings with vinyl siding and board & batten.
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Paved parking surrounds the building with drive-through access from both entrances.
Heat Type: Oil, Other
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: The interior is a combination of office, retail, storage space and includes a residential unit on the second floor.
Zoning Description: 1. Retail Businesses & Banks 2. Eating & Drinking Establishments 3. Offices 4. Personal & Professional Offices 5. Automobile Service Stations 6. Auto Sales, Services & Repair 7. Wholesale Business with NO Outside Storage 8. Clinics 9. Commercial Schools 10. Single-Family Detached Dwelling (500 s.f. min. required on ground) 11. Two-Family Dwelling 12. Home Occupation 13. Bed & Breakfast Houses* 14. Public Facilities 15. Essential Services 16. Accessory Uses17. Cultural Uses ( 13 Mar 96) Special Exceptions 1. Water Recreation & Storage 2. Supply Yards 3. Commercial Recreation Facilities 4. Drive-In Restaurant or Refreshment Stand 5. Essential Services Buildings 6. Multi-Family Dwelling 7. Condominiums 8. Hotels/Resort Hotels/Motels 9. Nursing & Convalescent Homes 10. Churches 11. Public Buildings 12. Theaters 13. Funeral Homes 14. Single-Family Detached Dwelling (less than 500 sq. ft. on ground) 15. Private Ambulance Service 16. Group Homes ( 12 Mar 1991) 17. Accessory Apartments (1991) 18. Commercial Child Care Facility
Lot Frontage: 496+
Lot Depth: 300
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,356 4,383 12,142
Median Age: 49.49 46.83 48.17
Households: 968 1,915 5,191

Contact

Photograph of Listing Agent

Joe Howell

Coco, Early & Associates Bridge Division
NECPE Member
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