6 Laconia Rd---Route 106 HighwayBelmont, NH 03220MLS Number 4657719

  • Sale Price: $450,000
  • 32 Days Since Sale
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Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 16.5Acreage
  • 1982Year Built
  • 5000Square Feet

Driving Directions

Property consists of two buildings w/frontage on Route 106. Current tenants know owner has the property on the market for sale. They are prepared to move or stay. Building #1-1800 sq ft built in 1960 cement block, 3 garage bays, two small offices, maintenance room and bathroom. Building #1 has been the home of Extreme Auto Repair for the past 10yrs. The second building is appox 3200 and was built in 1982: consists of 3 large garage doors, two bathrooms, office area, counter w/showroom, storage room with storage area above office and storage room. Owner hired an engineer to validate the integrity of the metal building---report on file. Metal building recently passed fire alarm inspection-report avail. Property was and is still licensed as a green salvage yard. Phase II Environmental Report Avail. About 4 acres of the property was cleared last fall in preparation of having the property delineated for wetlands. Owner has a current site plan on file. Property consists of two means of ingress & egress with close proximity to the college and Route 3 &11. DOT traffic count is appox 12000 trips per day. Existing cap rate w/current tenant roll is 5.9%. If the front retail section is rented at $600 per month cap rate increases to over 7% and there is still potential to rent the rear yard area for storage....depending on your investment direction. Owner would entertain properties in Strafford County... Broker interest

Listed by Jack Murray of IKAN Property Advisors, LLC

Listing Sold by IKAN Property Advisors, LLC
BHHS Verani Moultonborough
BHHS Verani Moultonborough
60 Whittier Highway Harbor Square
Moultonborough, NH 03254

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1982
  • ConstructionMasonry, Metal
  • Units3
  • Drive/Doors6
  • Square Feet5000
  • Available Sqft5000

Exterior

  • ExteriorBlock, Concrete, Metal
  • RoofMembrane, Metal

Utilities

  • FuelElectric, Gas - LP/Bottle, Other
  • Heating CoolingBaseboard, Electric, Gas Heater - Vented, Hot Water

Photos

  • Number of Photos5

Other

  • bloggingYes
  • Book1
  • Transport AccessMajor Road Access, State Highway, Paved
  • Page1
  • Delayed ShowingsNo
  • View Count2

Basic Information

  • StatusSLD
  • Date Listed2017-09-07T00:00:00
  • Modification Date06/21/2018
  • TypeDevelopment, Investment, Land
  • List Price$499,000
  • Agent NameMurray
  • Broker NameIKAN Property Advisors, LLC
  • Listing Agent NameJack Murray
  • Lister Office NameIKAN Property Advisors, LLC
  • Seller Office NameIKAN Property Advisors, LLC
  • Selling Agent NameJack Murray
  • MLS Number4657719

Location

  • Building Number6
  • StreetLaconia Rd---Route 106
  • TownBelmont
  • StateNH
  • Zip03220
  • CountyBelknap
  • Map205

Property

  • Acreage16.5
  • Property TypeCommercial Sale
  • AreaCommercial Zoning
  • Lot Sqft718740
  • Road Frontage265
  • Traffic Count12000
  • SignageAdequate

Amenities

  • Accessibility AmenitiesNo Stairs from Parking, One-Level Business, Paved Parking, Zero-Step Entry Ramp

Belmont, NH Real Estate Market Data

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Belmont, NH Demographics

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Belmont, NH Schools

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Copyright 2018 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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