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1934 Lakeshore Rd 16,065 SF 100% Leased Office Building Gilford, NH 03249 $1,595,000 ($99.28/SF)
Investment Highlights
- Tremendous road frontage across three separate road entrances
- Strong cash flow
- 13 rental units with excellent established tenants
Executive Summary
One of the most visible exceptional landmark commercial/resort properties in New Hampshire's Lakes Region. This attractive historic building includes a mix of retail, shops, offices, plus a 600 sf apartment with approximately 16,000 sqft of beautifully renovated space. The property features approximately 80 paved parking spaces, tremendous road frontage, three separate road entrances at a very busy 4-way intersection with a huge traffic count and exposure. The building is presently divided into 13 rental units with excellent established tenants and a strong cash flow. The grounds are meticulously landscaped with beautiful walkways and patios where you can walk to the Fireside Inns & Suites next door. You can walk to Gilford's 1,700ft sandy town beach on Lake Winnipesaukee, multiple marinas, and second-home communities. Views of the Belknap Mountains. Gunstock Ski Area and Bank of New Hampshire Pavilion are minutes away. The Laconia Airport is only 1 mile from the property. Open your business or rent the available units. Businesses thrive in this highly visible location with a strong year-round population and thousands of tourists constantly visiting here.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
16,065 SF
Building Class
C
Year Built
1890
Price
$1,595,000
Price Per SF
$99.28
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,033 SF
Slab To Slab
9’
Building FAR
0.19
Lot Size
1.99 AC
Zoning
RC
Parking
80 Spaces (4.98 Spaces per 1,000 SF Leased)
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | GIFL-000223-000414 | Improvements Assessment | $818,000 |
| Land Assessment | $315,900 | Total Assessment | $1,133,900 |
Property Taxes
Parcel Number
GIFL-000223-000414
Land Assessment
$315,900
Improvements Assessment
$818,000
Total Assessment
$1,133,900
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1934 Lakeshore Rd
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