Properties

Property Description

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.

Property Details
Active
$17, 904
2022
0
Commercial
167, 706 Sqft
Yes
$195
546
Yes
Location
81 Whittier Highway
NH-Carroll
US
NH
Moultonborough
03254
NH-Carroll
No
Take Route 25 North from Center Harbor to Moultonborough. Pas Dunkin Donuts, CruCon Cruise Outlet building is on left. Watch for the Sign.
Exterior
: Parking Spaces 21+, On-site
Slab - Concrete
Shingle - Asphalt
0
Room Details
Land/Building
Utilities
Public
Drilled Well, Private
Other
Listing Info
Gerry
OConnell
KW Coastal and Lakes & Mountains Realty/Dover
Cell: 603-978-8381
06/01/2023 07:16:50

For Sale

81 Whittier Highway, Moultonborough, New Hampshire 03254

3.85 Acre
$5,950,000
MLS # 4955040
Basic Info
KW Coastal and Lakes & Mountains Realty/Dover
Gerry OConnell
Property Type :
Listing Type : For Sale
Price : $5, 950, 000
Lot Area : 3.85 Acre
Year Built : 2014
MLS # : 4955040
Days On Market : 305
Agent info
Cowan & Zellers
Contact Agent