Listed By: Gerry Oconnell, Cell: 603-978-8381, KW Coastal and Lakes & Mountains Realty/Dover

81 Whittier Hwy, Moultonborough, New Hampshire

$5,950,000

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3.85

Acres

About 81 Whittier Hwy

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.

Features of 81 Whittier Hwy

MLS® # 4955040
Price $5,950,000
Bathrooms 0.00
Acres 3.85
Year Built 2014
Type Commercial
Sub-Type Commercial/Industrial
Status Active

Community Information

Address 81 Whittier Hwy
Area Moultonborough
City Moultonborough
County Carroll
State New Hampshire
Zip Code 03254

Amenities

Utilities Other
Features Fire System, Elevator - Passenger
Parking Spaces 21
Parking On-Site, Parking Spaces 21+
Is Waterfront No

Exterior

Roof Shingle - Asphalt
Foundation Slab - Concrete

Additional Information

Date Listed May 31st, 2023
Days on Market 388
Zoning Commercial

Listing Details

AgentGerry Oconnell
OfficeKW Coastal and Lakes & Mountains Realty/Dover

Listing Map

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