Add Listing
    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

    45 Old Granite Rd Ossipee, NH 03864

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $675,000

    Income-producing property with business and residential potential in New Hampshire.

    Lot size:
    2.43 Acres

    Property Features for 45 Old Granite Rd

    General Information

    Property type
    Investment
    Standard status
    Active
    Lot size
    2.43 Acres

    Building Details

    Year built
    1970

    We can help!

    Listing Contact
    Todd Koss
    Source: Elliman

    Listing Agent: Todd Koss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Mixed-Use Property in Lakes Region

    This three-unit mixed-use property offers an opportunity for business owners and investors. It features two fully leased apartments and one expansive unit suitable for various uses. The center unit, formerly a law firm, showcases ornate woodwork, built-in features, and detailed craftsmanship. Benefiting from high visibility and road frontage in a high-traffic area within the New Hampshire Lakes region, the property is positioned for a local business, family office, corporate headquarters, or satellite office. Its location provides convenient access to both lakes and mountains.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Kitchen & Bath Showroom Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ossipee
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.1152943
    Latitude
    43.6849584

    Nearby Similar for Sale

    • $1,799,999
      5.01 Acres

      Prime Commercial Land & Building

      Commercial property on White Mountain Highway in Ossipee, New Hampshire.
      1210 White Mountain Hwy, Ossipee, NH 03864
      View Details
    • $750,000
      0.52 Acres

      Turn-Key Commercial Space in Ossipee

      Renovated commercial building on a high-traffic route near Wolfeboro.
      930 Route 16, Ossipee, NH 03864
      View Details
    • $750,000

      Turn-Key Commercial Space on Route 16

      Fully renovated commercial building on high-traffic Route 16 in Ossipee.
      930 Route 16, Ossipee, NH 03864
      View Details
    • $675,000
      12,779 SF

      Mixed-Use Property in Lakes Region

      Income-producing property with business potential near lakes and mountains.
      45 Old Granite Rd, Ossipee, NH 03864
      View Details
    • $489,999

      Restored Mixed-Use Property on Route 16

      Restored 1930s mixed-use property blending charm and modern comfort.
      2165 Route 16, Ossipee, NH 03814
      View Details
    • $675,000
      2.43 Acres

      Mixed-Use Property in Lakes Region

      Income-producing property with business potential in New Hampshire Lakes Region.
      45 Old Granite Rd, Ossipee, NH 03864
      View Details
    • $85,900

      Established Pizza Restaurant Opportunity

      Successful takeout restaurant serving the Ossipee area.
      2250 White Mountain Hwy, Ossipee, NH 03890
      View Details
    • $399,000
      2,659 SF

      Ossipee Village Commercial Building

      Versatile Commercial Space, Prime Location
      7 Dore St, Ossipee, NH 03814
      View Details
    • $59,900

      Ossipee Pizza Restaurant for Sale

      Established Pizzeria, Turnkey Operation, High Demand
      2250 White Mtn Hwy, Ossipee, NH 03890
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Income-producing property with business and residential potential in New Hampshire.
    Where is this mixed-use property located?
    The property is located at 45 Old Granite Rd Ossipee, NH.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility in the New Hampshire Lakes Region.; - Mixed-use property with income potential from two fully leased apartments.; - **Expansive, ornate center unit suitable for various business purposes (office, headquarters, etc.).**
    (978) 873-3072
    Request Owner's contact information
    45 Old Granite Rd Ossipee, NH 03864
    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.
    45 Old Granite Rd
    Ossipee, NH 03864
    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
    45 Old Granite Rd Ossipee, NH 03864
    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
    Todd Koss
    (978) 873-3072 (603) 262-3500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!