Catylist Listing ID: 29978996
Property Subtypes: Free-Standing Building
Building Size (RSF): 4,060 SF
Gross Land Area: 54 - 95 Acres
Sale Price: $499,000 - 549,000
Unit Price: $122.91 - 135.22 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 4,060 SF
Core Factor: 4,060%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2018

Overview / Comments

Built as a maintenance garage for a land clearing company and fronting on a heavily- travelled state highway, the property encompasses 95 acres with 870 ft. frontage on Rt. 25 with 2 driveway cuts. On a hillside above the commercial garage and abutting pole barn, there is a large pasture with magnificent views to Mt. Chocorua, Whiteface and the Sandwich Range. Tamworth, NH is not a zoned town so the property will support commercial usage along the highway and homesites with views that are screened from the commercial use below. If preferred, the land will also support increased commercial development. An automobile racing enthusiast will love the garage for his expensive toys and the proximity to the Club Motorsports road course racetrack.

Additional Details

Nearest MSA: Laconia
County: Carroll
Submarket/Township: Conway/North Conway
Taxing Authority: Town of Tamworth, NH
Tax ID/APN: 207/002/000 and 423/0012/000
Zoning: NONE
Retail Clientele: General, Traveler, Tourist
Property Located Between: NH Route 16 and NH Route 25
Property Visibility: Excellent
Largest Nearby Street: NH Route 25
Highway Access: NH Route 16
Airports: Laconia
Site Description: The property slopes gradually uphill from Route 25 and is plateaued for easy development. The rear acreage, which is a considerable distance off the highway, is too steep to develop but offers an abundant growth of timber. There are 2 highway access points to the land. They are several hundred feet apart and provide separate access to the present commercial use and future residential/commercial development.
Area Description: Route 25 is a major artery between the White Mountains and the Lakes Region of central NH. The immediate area is a mixture of residential and commercial, trending toward commercial due to the heavy traffic on Route 16 (25,000 cpd) and Route 25 (8,000 cpd).
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 4,060 SF
Property Condition: Excellent
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Exterior Description: 58' x 60' three double bay garage on a 6" reinforced slab with 24" frost walls and 18' ceilings.
Parking Type: Surface
Parking Description: Gravel
Sprinklers: None
Heat Type: Propane, Oil
Heat Source: Ceiling Units
Internet Access: Cable
Interior Description: Heavy duty reinforced concrete slab floor, insulated plywood walls and ceiling, mercury vapor lights, ceiling fans, mechanical vents, ducted waste oil furnace and propane suspended heaters, (2) double length mechanics' bays with extra width, separate service bay for oil and lube, perpendicular rear storage bay with OHD, abundant daylight, high pressure air lines, adequate electric outlets.
Zoning Description: Tamworth, NH has NO ZONING
Lot Frontage: 870'
Water Service: Well
Sewer Type: None
Land Ownership: Fee Simple
Legal Description: Map 207/002/000 and Map 423/001/000

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,361 2,517
Median Age: 45.02 44.98
Households: 594 1,095

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