John Bagnell
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Commercial Sale at 1195 Whittier Highway, Moultonborough
Commercial Sale at 1195 Whittier Highway, Moultonborough, photo 2 of 6
Commercial Sale at 1195 Whittier Highway, Moultonborough, photo 3 of 6
Commercial Sale at 1195 Whittier Highway, Moultonborough, photo 4 of 6
Commercial Sale at 1195 Whittier Highway, Moultonborough, photo 5 of 6
Commercial Sale at 1195 Whittier Highway, Moultonborough, photo 6 of 6
6 photos

$2,400,000

1195 Whittier Highway
Moultonborough, NH 03254
Listed by Jody Reese · Resolute Realty Group, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

The company will acquire, develop, and operate a prime mixed-use commercial and self-storage facility in a high-demand location. The property consists of 4.23 acres zoned commercial 16,979sq ft of 12 commercial/residential rental units situated on a major highway with 1061 feet of highway frontage. The new owner will have transfer permits to build 212 self-storage units. You can hit the ground running and build right away. The current owner has completed approved designs and is open to handle construction of the storage units. This dual-revenue model, combined with an exceptional location at the north end of New Hampshire's largest lake, provides a compelling investment opportunity. The total project cost is $3,210,000 million (purchase price of $2.4 million plus $809,000 for development), with a projected attractive 9.2% capitalization rate, offering strong, stable returns. Financials and CIM available with a NDA.

Property details

MLS #
5065529
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
307
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
4.23 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Moultonborough Central School
1.31 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
247
Student:teacher ratio
10.7:1
District
Moultonborough School District
Middle
Moultonborough Middle Level
1.1 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
109
Student:teacher ratio
7.3:1
District
Moultonborough School District
High
Moultonborough Academy
1.1 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
144
Student:teacher ratio
6.9:1
District
Moultonborough School District

Walkability

Blended score for Moultonborough's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

49
Somewhat walkable
out of 100
EPA National Walkability Index
9.0 / 20 -- Below average walkable
Nearby-amenity density
55 / 100
Restaurants & cafes6
Grocery stores2
Parks3
Schools3
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Moultonborough, from live MLS data.

On the market 307 days -- 183 more days than Moultonborough's current average of 124 days.
For reference, the median list price across 108 active listings in Moultonborough right now is $664,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$14,603/mo
$480,000 down
$1,920,000 loan
Principal & interest$12,453
Property tax (est.)$2,000
Home insurance (est.)$150

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