Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    29 Mill St Wolfeboro, NH 03894

    Sponsored
    For Sale
    $425,000

    Commercial For Sale - Wolfeboro, NH

    Days on Market:
    191
    Last Refresh:
    Feb 13 at 10:06 pm

    Property Features for 29 Mill St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMERCIAL - C1 & C2

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Adam Dow
    Adam Dow

    keller williams coastal realty (603) 610-8500

    Listing agent Adam Dow (603) 610-8500

    Listing date Aug 7, 2025

    MLS# 5054893 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Wolfeboro Commercial Units

    Two commercial units are available for sale in the downtown Wolfeboro Marketplace building. Located on the ground floor, Units C-4 and C-5 offer simple access with zero stair entry. The property includes 4 dedicated parking spaces, with additional overflow parking available for Marketplace patrons. The units feature a reception area, conference rooms, a full kitchen, a bathroom with shower, private office spaces, and a large room suitable for additional staff or support space. Commercial condo owners have access to association-owned day docks in Back Bay. The units have previously been used for office, legal, and medical purposes. The property is zoned COMMERCIAL - C1 & C2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Spa & Massage Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wolfeboro
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.2147661
    Latitude
    43.5854223

    Nearby Similar for Sale

    • $3,500,000
      84.01 Acres

      Wolfeboro Campground on 80+ Acres

      Campground with 60 campsites, owner's home, and room to grow.
      883 Center St, Wolfeboro, NH 03894
      View Details
    • $3,200,000
      74.84 Acres

      Wolfeboro Campground Opportunity

      Amazing 80+ acre campground with 60 campsites for sale.
      883 Center St, Wolfeboro, NH 03894
      View Details
    • $450,000
      0.48 Acres

      Wolfeboro Commercial Condo For Sale

      3,439 SF condo near downtown Wolfeboro, NH. Investment opportunity.
      6 Grove St, Wolfeboro, NH 03894
      View Details
    • $12,500,000
      7.87 Acres

      Wolfeboro Commercial Hub For Sale

      Two commercial properties in Wolfeboro with diverse tenant mix.
      35 Center St, Wolfeboro, NH 03894
      View Details
    • $3,500,000
      2,025 SF

      Wolfeboro Campground on 80+ Acres

      80+ acre campground with 60 campsites and owner's home.
      883 Center St, Wolfeboro, NH 03894
      View Details
    • $3,200,000
      2,025 SF

      Wolfeboro Campground on 74 Acres

      Campground with 60 campsites, owner's home, and expansion potential.
      883 Center St, Wolfeboro, NH 03894
      View Details
    • $425,000

      Downtown Wolfeboro Marketplace Commercial Units

      Two commercial units in downtown Wolfeboro Marketplace building for sale.
      29 C-5, Wolfeboro, NH 03894
      View Details
    • $699,900

      Downtown Wolfeboro Commercial Space

      Prime commercial space in the heart of downtown Wolfeboro.
      10 Center St, Wolfeboro, NH 03894
      View Details
    • $12,500,000
      51,744 SF

      Wolfeboro Commercial Portfolio: Prime Location

      High-yield investment, diverse tenants, strong cash flow.
      35 Center St, Wolfeboro, NH 03894
      View Details

    FAQs

    What type of property is this?
    Office space - Two commercial units in Wolfeboro Marketplace building for sale.
    Where is this office space located?
    The property is located at 29 Mill St Wolfeboro, NH.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Two commercial units (C-4 and C-5) in downtown Wolfeboro Marketplace.; - Ground floor location with zero stair entry.; - Includes 4 dedicated parking spaces plus overflow parking.
    (866) 525-3946
    Request Owner's contact information
    29 Mill St Wolfeboro, NH 03894
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29 Mill St
    Wolfeboro, NH 03894
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29 Mill St Wolfeboro, NH 03894
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Adam Dow
    Adam Dow
    (866) 525-3946 (603) 610-8500 (603) 569-4663
    Learn more
    Google sign-in failed. Please try again or use another login method.