1934 Lake Shore Rd

Retail-Commercial for Sale
Catylist Listing ID: 30865292
Property Subtypes: Mixed Use, Other
Building Size (RSF): 16,065 SF
Gross Building Area: See Agent
Gross Land Area: 1.99 Acres
Sale Price: $1,695,000
Unit Price: $105.51 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/13/2024

Overview / Comments

One of the most visible exceptional landmark commercial/resort properties in New Hampshire's Lakes Region. This attractive historic building includes a mix of retail, shops, offices plus a 600 sf apartment with approximately 16,000 sqft of beautifully renovated space. The property features approximately 80 paved parking, tremendous road frontage, three separate road entrances at a very busy 4-way intersection with a huge traffic count and exposure. The building is presently divided into 13 rental units with excellent established tenants and a strong cash flow. The present owner is moving to a larger building they recently constructed which will open up some very attractive retail space and office. The grounds are meticulously landscaped with beautiful walkways and patios where you can walk to the Fireside Inns & Suites next door. You can walk to Gilford's 1,700ft sandy town beach on Lake Winnipesaukee, multiple marinas, and second-home communities. Views of the Belknap Mountains. Gunstock Ski Area and Bank of New Hampshire Pavilion are minutes away. The Laconia Airport is only 1 mile from the property. Open your business or rent the available units. Businesses thrive in this highly visible location with a strong year-round population and thousands of tourists constantly visiting here.

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: na
Zoning: RC
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Route 11 and 11B
Largest Nearby Street: Route 11
Feet of Frontage: 763
Airports: Laconia Airport
Site Description: Corner, Deed Restricted, Landscaped, Level, Major Road Frontage, Stream
Area Description: Near Golf Course, Near Shopping, NearSkiing, Near Snowmobile Trails
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Year Built: 1890
Construction/Siding: Wood Frame
Exterior Description: Brick, Wood
Total Parking Spaces: 80
Parking Type: Surface
Heat Type: Electricity, Other
Air Conditioning: Other
Zoning Description: RC
Lot Frontage: 763
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,237 21,417
Median Age: 48.09 44.65
Households: 3,220 9,291

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