East Lake Rd
Fitzwilliam, NH 03447
$280,000 NOI and Granite Reserve · Land For Sale
·
121.00 AC

INVESTMENT HIGHLIGHTS
- Permit to Remove
- 45,000,000 Tons on site
- $11,000,000 value
PROPERTY FACTS
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 121.00 AC |
DESCRIPTION
Granite reserve with immediate right to remove granite on 121 Ac in Fitzwilliam, NH. Proven inventory of previously quarried dimensional and seasoned granite (PQDG). Permitted extraction of unprocessed blocks, slabs, cobble and rubble. Weathered stone, consistent color and grain, good texture pattern, ready to be shipped. The owner has skillfully developed a market for this material with an active existing customer base. Right to remove allows 5,000 tons a year. Inventory of approximately 500,000 tons of already mined dimension granite just sitting on the site. Approximately (250,000 tons) of dimensional granite. Another approximately (250,000 tons) in smaller pieces of production, good for posts, cobble and for smaller products such as steps, benches curbing, landscaping stone, cobblestone, pavers, granite blocks, granite facing stone, caps, coping, caps, trim, edging, ornamental stone, and signs. There is a market for seasoned dimensional stone which is highly desirable. There are piles of cut stone everywhere! Must see! Current permit in place to allow for the immediate removal of the already mined granite (both dimension granite and "rubble") on the surface. This site also has proven and documented granite reserves of approximately 45,000,000 tons in the ground. The land has about 3,800 ft of paved road frontage with incredible mountain views. It’s quite an impressive property, has a huge financial upside for any owner/operator to take over the existing operation and customer base. Additional summary is available subject to a Nondisclosure Agreement.
Listing ID: 16950210
Date on Market: 8/17/2019
Last Updated:
Address: East Lake Rd, Fitzwilliam, NH 03447
The Land Property at East Lake Rd, Fitzwilliam, NH 03447 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.