$1,700,000

About this home

Well-maintained, low-maintenance mixed-use investment property in the heart of downtown Meredith. Ideally located just north of the Route 3 traffic light, this highly visible property offers frontage on two streets and exceptional daily traffic exposure. The property features a large commercial space, two residential apartments, and excellent income potential. On the 33 Plymouth Street side, the commercial area includes two individual offices with separate entrances that share a common hallway and bathroom. One office is currently used as a linen room by the existing tenant, but the layout allows the lower-level commercial space to be leased as up to three separate office suites, providing added flexibility and the opportunity to maximize rental income. A prominent multi-tenant sign along Route 3 offers outstanding visibility with NHDOT traffic counts averaging approximately 17,000 vehicles per day. Paved parking with access from two streets, plus adjacent municipal parking, provides convenience for tenants and customers. Public water, public sewer, mini-split heat and A/C, and hard-wired smoke detectors throughout help keep operating costs predictable. With leases turning over, buyers can establish new lease terms at market rates, reconfigure the commercial space, or operate their own business while generating rental income. Located just moments from Meredith Bay and Lake Winnipesaukee, the property offers boat parking, a nearby public launch, and easy access to downtown shops, restaurants, and the waterfront. Bank of NH Pavilion, Gunstock, the White Mountains, Route 104, and I-93 are all within easy reach. Don't miss this opportunity to own a flexible, income-producing property in one of the Lakes Region's most desirable downtown locations.

Property details

MLS #

5102806

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

12

On market date

N/A

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.25 acres

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).