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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$2,400,000

MLS# 5065529
sq.ft. 0 Bedroom | 0 Bathroom
Commercial
1195 Whittier Highway Moultonborough NH
 
$2,400,000 Commercial Property, 1195 Whittier Highway Moultonborough NH | Space type MLS# 5065529


DESCRIPTION

The company will acquire, develop, and operate a prime mixed-use commercial and self-storage facility in a high-demand location. The property consists of 4.23 acres zoned commercial 16,979sq ft of 12 commercial/residential rental units situated on a major highway with 1061 feet of highway frontage. The new owner will have transfer permits to build 212 self-storage units. You can hit the ground running and build right away. The current owner has completed approved designs and is open to handle construction of the storage units. This dual-revenue model, combined with an exceptional location at the north end of New Hampshire's largest lake, provides a compelling investment opportunity. The total project cost is $3,210,000 million (purchase price of $2.4 million plus $809,000 for development), with a projected attractive 9.2% capitalization rate, offering strong, stable returns. Financials and CIM available with a NDA.
Sale Includes : Land/Building
Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

| Price Per SQ.FT. 0.00 | Year Built: 0
No. of Units-| 12
Building Size | 0
Road Frontage: 1061
Utilities: Gas On-Site
No. of Docks | 0.
No. of Drive Doors | 0.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 4.23 acres
Zoned: COMMER
Road Frontage: 1061
Docs Available : Plot Plan
Taxes $4,768  | Assesed Value $843,900 in 2024
15 Buck Rd. Hanover, NH 03755 603-643-3942

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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd

NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf