81 Whittier HighwayMoultonborough, NH 03254Price: $5,950,000

  • Price: $5,950,000
  • 328 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3.85Acreage
  • 2014Year Built
  • 30,588Square Feet

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Listed by Gerry OConnell and Rachel Xavier of KW Coastal and Lakes & Mountains Realty/Dover (Cell: 603-978-8381)
BRING YOUR OFFERS - Motivated Seller. Exciting New Price of $5,950,000 - 9.6 Cap Rate with 3% annual increases, and almost 3 years left on the Lease. Excellent Investment opportunity or an Ideal hands off 1031 Exchange property. 81 Whittier Highway with 3.85 acres was built in 2014, and is a high quality 28,967 SF Office Building and has been maintained in excellent condition. The Lease renewed in 2022 for 5 years to end of January 2027. In the current year 2024, the net income is at a 9.08 Cap Rate and 3% annual increases, making this an attractive 1031 exchange property for a Buyer. The property serves as the World Headquarters for CruCon Cruise Outlets. Fantastic setting in picturesque Moultonborough, on the North end of Lake Winnipesaukee. Moultonborough has Lake Winnipesaukee at it's South border, and Squam Lake at its West border. Boston Companies - Bring yourself, your business, and your employees to enjoy the NH Lakes Lifestyle.

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Tax Information

  • Tax Year2022

Building

  • Year Built2014
  • FoundationSlab - Concrete
  • Square Feet30,588
  • Available Sqft28,967

Property

  • Acreage3.85
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft167,706
  • Road Frontage546

Basic Information

  • StatusACT
  • Modification Date03/31/2024
  • TypeOffice
  • List Price$5,950,000
  • Broker NameKW Coastal and Lakes & Mountains Realty/Dover
  • Listing Agent NameGerry OConnell
  • Lister Office NameKW Coastal and Lakes & Mountains Realty/Dover
  • MLS Number4955040
  • MLS StatusActive

Location

  • Building Number81
  • StreetWhittier Highway
  • TownMoultonborough
  • StateNH
  • Zip03254
  • CountyCarroll
  • Map141

Exterior

  • ExteriorOther
  • RoofShingle - Asphalt

Amenities

  • PricePerSqFt194.52

Other

  • AC percent100
  • Date Listed06/01/2023
  • View Count12
Melanson Real Estate
Melanson Real Estate
34 North Main Street
Wolfeboro, NH 03894
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 23, 2024 7:08 PM EDT

 

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