Listed by Gerry OConnell with KW Coastal and Lakes & Mountains Realty/Dover Cell: 603-978-8381
Active
81 Whittier Highway
Moultonborough NH, 03254
$5,950,000
$194.52 per sqft
Active
30,588 sqft
Commercial
Built in 2014
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.
4955040
MLSⓇ ID
June 1, 2023
Listed
February 21, 2025
Updated
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
3.85 Acres
Roof
Shingle - Asphalt
Sewer
Public
Other Property Details
Area Name
NH-Carroll
Taxes
$17,904
Tax Frequency
Annually
Days on Market
372
Garage
No
Parking
On-Site, Parking Spaces 21
View
No
Pool
No
Listing History
Date | Event | Price |
---|---|---|
6/5/2024 | Price change | $5,950,000 -12% |
Listed by Gerry OConnell with KW Coastal and Lakes & Mountains Realty/Dover Cell: 603-978-8381
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