Commercial Land for Sale in Moultonborough, New Hampshire
81 Whittier Hwy Moultonborough, NH 03254
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.
Directions
Take Route 25 North from Center Harbor to Moultonborough. Pas Dunkin Donuts, CruCon Cruise Outlet building is on left. Watch for the Sign.
Property details
- County
- Carroll County
- Zoning
- Commercial
- MLS Number
- NNEREN 4955040
- Date Posted
Property taxes
- 2022
- $17,904
Resources
Detailed attributes
Listing
- Type
- Commercial
- Franchise
- Keller Williams Realty
Structure
- Roof
- Asphalt
Exterior
- Parking Spots
- 4
Interior
- Features
- Elevator, Security System
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 1, 2024 | Price drop | $5,950,000 | $300,000 -4.8% | NNEREN |
Feb 25, 2024 | Price drop | $6,250,000 | $500,000 -7.4% | NNEREN |
June 1, 2023 | New listing | $6,750,000 | — | NNEREN |