95 Lake St

Retail-Commercial for Sale
Catylist Listing ID: 30651641
Property Subtypes: Day Care Facility, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Sale Price: $1,399,000
Unit Price: $116.58 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/11/2021

Overview / Comments

Outstanding commercial property with 12,000 sq ft quality building on 3.58 acres with heavy traffic volume, and great visibly on RTE 3 across the street from Lake Winnipesaukee in Gilford. Paved parking for over 100 cars plus additional land to expand. $150,000 sprinkler system installed in 2008 with overall renovations exceeding $800,000 including oversize electronic signage. Currently operated as a Chinese restaurant and previously a night club (business sold separately). The property is commercially zoned with many possible uses, i.e.-franchised restaurant or chain, hotel, night club, retail, indoor/ outdoor store, vehicle dealership, daycare, drive-thru, private club, health care, conference center, etc. The building is large enough to combine 2-3 businesses. Great location located next to Shaw’s Supermarket and across from the Margate Resort. Lowes, Wal-Mart, Hannafords, and fine restaurants surround this property. BNH Music Pavilion, Gunstock Ski area, Funspot, and LakeWinnipesaukee with a multitude of marinas nearby. 247 feet of road frontage, perfect level lot with city sewer and water. Owner financing is available to qualified buyers.

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 201-006-000
Zoning: C
Lot Frontage: 247

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 792 16,417 26,829
Median Age: 42.34 44.2 44.51
Households: 341 7,033 11,307

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