2390 Route 16

Vacant Land for Sale
Catylist Listing ID: 30774164
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 12.57 Acres
Sale Price: $395,000
Unit Price: $31,424 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2021

Overview / Comments

Great development opportunity on this +/-12.5 acre parcel with road frontage directly on heavily traveled Route 16 in West Ossipee. With a rough traffic count of approximately 7500-8500 vehicles a day, this site already generates income with a tenant in the three bay garage as well as double sided billboards along the highway front for additional revenue or exposure. This wide-spanning, flat lot would make a great host for any number of businesses. Abutting the Tram Plaza and McDonald's to the south, a long established pizza shop to the north and immediately across from popular dining destination and brew house, Hobb's Tavern, this lot and the area has long served as the gateway to NH's Lakes Region as well as the Mt. Washington Valley Area. Financial incentives may exist for development.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,564 (Annual)

Additional Details

Nearest MSA: Laconia
County: Carroll
Submarket/Township: Lakes Region
Tax ID/APN: 08-23
Zoning: COMMERCIAL
Property Visibility: Fair
Highway Access: Limited direct and indirect
Site Description: Level lot with multiple access points for a variety of potential uses
Area Description: Growing
Lot Frontage: TBD
Zoning Description: Commericial
Topography: Level
Easements: Other
Soil Type: Mixed
Available Utilities: Electric, Storm Drain, Cable, Broadband
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,517
Median Age: 44.98
Households: 1,095

Contact

Photograph of Listing Agent

Greydon Turner

Pinkham Real Estate
NECPE Member
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