$599,000

About this home

**Opportunity Knocks! Prime Mixed-Use Investment on Route 16** Here’s your chance to own a versatile commercial property in a highly visible location on the northbound side of Route 16 in Tamworth (8200+- cars daily). Ideally situated just north of Chocorua and only about 10 minutes south of Conway, this property benefits from steady traffic flow and excellent accessibility. This well-maintained building offers about 5,000 square feet of flexible space, making it perfect for a variety of uses. The property currently generates strong income with a front retail space leased at $1,400 per month. In addition, there is approximately 1,000 square feet of office space—ideal for your own business or as an opportunity for additional rental income. The property also includes two residential units: a one-bedroom apartment renting for $1,100 per month, and a spacious two-bedroom, three-bath apartment generating $2,200 per month. Each bedroom in this unit has a private bath. Whether you’re looking to run your own business while offsetting expenses with rental income, or seeking a solid investment property with established cash flow, this is an opportunity you won’t want to miss.

Highlights

Property details

MLS #

5081763

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

132

On market date

N/A

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

N/A

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).