Courtesy Of Gerry Oconnell Of Kw Coastal And Lakes & Mountains Realty/Dover

81 Whittier Hwy

Moultonborough, NH 03254 View Map $5,950,000 Schedule a Tour
Acres3.85
Year2014
Bean Group

Bean Group

(603) 932-5600

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Status: Active
Property Type:Office
MLS #:4955040
On Site:388 Days
Lot Size:3.85 Acres
County:Carroll

Listing Agent/Office

Agent:Gerry Oconnell
Office:Kw Coastal And Lakes & Mountains Realty/Dover
Broker Phone:603-978-8381
BRING YOUR OFFERS - Motivated Seller. Exciting New Price of $5,950,000 - 9.6 Cap Rate with 3% annual increases, and almost 3 years left on the Lease. Excellent Investment opportunity or an Ideal hands off 1031 Exchange property. 81 Whittier Highway with 3.85 acres was built in 2014, and is a high quality 28,967 SF Office Building and has been maintained in excellent condition. The Lease renewed in 2022 for 5 years to end of January 2027. In the current year 2024, the net income is at a 9.08 Cap Rate and 3% annual increases, making this an attractive 1031 exchange property for a Buyer. The property serves as the World Headquarters for CruCon Cruise Outlets. Fantastic setting in picturesque Moultonborough, on the North end of Lake Winnipesaukee. Moultonborough has Lake Winnipesaukee at it's South border, and Squam Lake at its West border. Boston Companies - Bring yourself, your business, and your employees to enjoy the NH Lakes Lifestyle.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
2/24/2024$6,750,000$6,250,000-7.4%
3/31/2024$6,250,000$5,950,000-4.8%

Community Information

Address:81 Whittier Hwy, Moultonborough, NH 03254
County:Carroll
Zip Code:03254

Features / Amenities

Equipment: Air Conditioner, Generator - Standby, Security System, Sprinkler System
Parking: On-Site, Parking Spaces 21+
Commercial Features: Elevator - Passenger, Fire System

Property Features

Lot Size: 3.85 Acres
Water: Drilled Well, Private
Sewer: Public
Zoning:Commercial
Directions:Take Route 25 North from Center Harbor to Moultonborough. Pas Dunkin Donuts, CruCon Cruise Outlet building is on left. Watch for the Sign.

Tax and Financial Info

Tax - Gross Amount: $17,904
Tax Year: 2022
Tax Rate: 4.78

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81 Whittier Hwy Moultonborough,  NH 03254
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81 Whittier Hwy Moultonborough, NH 03254
 
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