Granite Reserve

Vacant Land for Sale
Catylist Listing ID: 30474496
Gross Land Area: 121 - 122 Acres
Sale Price: $3,900,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2019

Overview / Comments

Granite reserve with immediate right to remove granite on 121 Ac in Fitzwilliam, NH. Proven inventory of previously quarried dimensional and seasoned granite (PQDG). Permitted extraction of unprocessed blocks, slabs, cobble and rubble. Weathered stone, consistent color and grain, good texture pattern, ready to be shipped. The owner has skillfully developed a market for this material with an active existing customer base. Right to remove allows 5,000 tons a year. Inventory of approximately 500,000 tons of already mined dimension granite just sitting on the site. Approximately (250,000 tons) of dimensional granite. Another approximately (250,000 tons) in smaller pieces of production, good for posts, cobble and for smaller products such as steps, benches curbing, landscaping stone, cobblestone, pavers, granite blocks, granite facing stone, caps, coping, caps, trim, edging, ornamental stone, and signs. There is a market for seasoned dimensional stone which is highly desirable. There are piles of cut stone everywhere! Must see!

Current permit in place to allow for the immediate removal of the already mined granite (both dimension granite and "rubble") on the surface. This site also has proven and documented granite reserves of approximately 45,000,000 tons in the ground. The land has about 3,800 ft of paved road frontage with incredible mountain views. It’s quite an impressive property, has a huge financial upside for any owner/operator to take over the existing operation and customer base.

Additional summary is available subject to a Nondisclosure Agreement.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $4,716 (Annual)

Additional Details

Nearest MSA: Keene
County: Cheshire
Tax ID/APN: 11-7
Zoning: RURAL RESIDENTIAL
Site Description: Enter 6 Church Street, Fitzwilliam, NH into your GPS. This will drop you right in front of the Fitzwilliam Fire Station. Continue straight up the hill. This turns into East Lake Road. Drive about 1/4 mile. Fitzwilliam Granite Company will be on the right after a mailbox labeled 63. You will see a retractable gate with crushed stone at the entrance.
Lot Frontage: 3800

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 783 2,396 7,912
Median Age: 48.19 45.07 40.65
Households: 338 973 3,064

Contact

Photograph of Listing Agent

Ronald Fredette, CCIM

KW Commercial, NH NECPE Member
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