506 Province Road

Hospitality for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30844881
Property Subtypes: Bed & Breakfast, Other
Number of Units: 1 Units
Building Size (RSF): 6,494 SF
Gross Building Area: See Agent
Gross Land Area: 1.10 Acres
Sale Price: $795,000
Unit Price: $795,000 Per Unit
Property Use Type: Investment, Business
Name of Establishment: Gilmanton Pub
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 2/17/2024

Overview / Comments

*Seller motivated due to personal reasons and willing to consider offers* Don’t miss this opportunity to own this extraordinary historic landmark property formerly known as “The Temperance Tavern.” Set in the Town of Gilmanton at the “Four Corners” and built in 1793, this property has been home to a courthouse, post office, art gallery, and so much more throughout the years but is currently operated as a restaurant/pub with seating for 33, outdoor patio dining and Bed and Breakfast, this location has an approximate daily traffic count of 7k (Route 107 & Route 140) with adequate signage available and currently able to park 20+ cars. This historical treasure features beautifully exposed post and beam construction, wide pine floors, 6 fireplaces, 14+ rooms, 5+ bedrooms, 5.5 baths, including owner’s quarters, priceless Moses Eaton stenciling, Indian shutters, garden shed, fire pit, perennial gardens, and an attached 2 story barn with storage above. This could be an incredible wedding or event venue with the capability of servicing 70. There are two parcels of land that will convey with the sale. The second parcel houses the spring house and private spring, which is the original water source for the property and is gravity fed for exclusive use by this location. This is a great location for visitors to the Lakes Region; 1.5 hours from Boston, 40 minutes to Manchester Airport, 25 minutes to Concord, 15 minutes to Tilton, Laconia Airport, Weirs Beach, Gunstock, and Bank of NH Pavilion.

Attachments & Media

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $12,695 (Annual)

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 127-049-000-000
Zoning: VIL V
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Route 107 and Route 140
Largest Nearby Street: Route 140
Feet of Frontage: 1,050
Traffic/Vehicle Count: 7,000
Highway Access: Major Road Access, Near Airport, State Highway, Town Highway, Paved
Airports: Manchester Regional Airport, Boston Logan International Airport
Site Description: Corner, Country Setting, Landscaped, Level, Major Road Frontage, Rolling
Area Description: Historic District, Near Country Club, Near Golf Course, Near Shopping, Near Skiing, Near SnowmobileTrails, Preservation District, Rural, Village, Near Hospital
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1793
Roof Type: Other
Construction/Siding: Wood Frame
Exterior Description: Clapboard, Wood
Total Parking Spaces: 20
Parking Type: Surface, Other
Parking Description: Off Street, Parking Spaces 21+, Unpaved
Heat Type: Oil, Hot Water
Interior Description: Attic, Bar, Ceiling Fan, Dining Area, Fireplace - Wood, Fireplaces - 3+, Hearth, In-Law Suite, Laundry Hook-ups, Living/Dining, Primary BR, Carpet, Softwood, Vinyl, Wood
Water Service: Other
Sewer Type: Septic
Land Ownership: Owned

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,957 11,133
Median Age: 42.44 42.38
Households: 1,969 4,393

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