Rt 16 Conway - Home and Business Opportunity!

Retail-Commercial for Sale
Catylist Listing ID: 30870251
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 2,457 SF
Gross Building Area: See Agent
Gross Land Area: 0.71 Acres
Sale Price: $450,000
Unit Price: $183.15 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2024

Overview / Comments

Opportunity awaits in Conway - Move Here and Bring Your Business. Prime location with high visibility and convenient access to Route 16. Bright and sunny, updated a 2-bedroom, 2-bath house! Lower level walk-out space and detached building/workshop provide a perfect business opportunity! Live where you work. Highway Commercial Zoning along with town water and sewer allow for a diverse range of potential uses. Noteworthy commercial attributes include close proximity to shopping centers, recreational facilities, a nearby hospital, and much more, making it highly appealing for various businesses. The property offers high traffic/visibility, ample signage, mountain views, and potential for customization and development. Whether you envision a service business, retail space, an office space, or another entrepreneurial endeavor, this opportunity is one not to be overlooked - bring your business here! Showings for this property are available by appointment only.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $2,904 (Annual)

Additional Details

Nearest MSA: Laconia
County: Carroll
Submarket/Township: Conway/North Conway
Tax ID/APN: 262-95
Zoning: HIGHWAY COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Largest Nearby Street: Route 16
Feet of Frontage: 370
Traffic/Vehicle Count: 12,582
Highway Access: This property features frontage on Route 16 in Conway, NH.
Site Description: Located in Conway's Highway Commercial District this site has municipal water and sewer. The property as a gentle upward sloping lawn to the buildings from the street, positioning it to have great visibility and ample signage. The back of lot is lined with trees, this lot also has westerly mountain/sunset views.
Area Description: Located on RT 16 in Conway, NH the surrounding area boasts a wide range or amenities and attractions that attract locals and visitors year round. Close proximity to banks, heath care, retail, recreation, dining and several large apartment complexes.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1960
Roof Type: Other
Construction/Siding: Vinyl Siding
Exterior Description: Cape style home with full walk-out lower level and additional building/workshop. Lot provides ample signage that can be seen from RT16 and also has mountain views.
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: On site parking is located at the back of the building and consists of a circular paved driveway.
Sprinklers: None
Heat Type: Electricity, Hot Water
Heat Source: Baseboard
Air Conditioning: Other
Internet Access: Cable, Fiber Optic
Interior Description: The main level is bright and sunny with contemporary updates. On this level you will find a kitchen, living area, 2 bedrooms, and 2 baths. The walk-out lower level adds potential for customization.
Zoning Description: Highway Commercial Zoning (see town of Conway,NH).
Lot Frontage: 370
Water Service: Municipal
Sewer Type: Municipal
Legal Description: See Carroll County Deed Book 3437 Page 563 for legal description.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,224 9,412
Median Age: 45.11 44.34
Households: 1,488 4,161

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