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Flex Unit with 10' Overhead Door

288 Hounsell Avenue #601 Gilford, NH 03249

288 Hounsell Avenue #601, Gilford, NH, 03249
$519,900
For Sale
Claim this Listing
$519,900

A commercial flex unit combining dedicated office space, restroom, and an open bay served by a 10' overhead door.

Property Size1,500 SF
Price / SF$346.60
AddedJul 7
Days on Market10
Last RefreshJul 16 at 1:57 am

Property Features for 288 Hounsell Avenue #601

General Information

Standard status
Active
Size
1,500 SF

Building Details

Year Built
2026

Listing office KW Coastal and Lakes & Mountains Realty/Meredith

Listing date Jul 7, 2026

Source Laerrealty

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

All listing content including descriptions, pricing, images are the copyrighted material of KW Coastal and Lakes & Mountains Realty/Meredith


Investment Insights

Based on property information with market context.

Granite Ridge Commercial Flex Space offers this flex unit in Building 6 within a professionally engineered commercial condominium community. The layout includes a private entrance, a dedicated office area, a restroom, and a spacious open-bay warehouse/storage area. An overhead door with 10' clearance provides direct loading and easy access for equipment and day-to-day operations. The building is described as steel-constructed, designed to support durable, long-term use.

Located in Gilford’s commercial district at 288 Hounsell Avenue (#601), the campus is positioned for convenient access for clients, employees, and deliveries. The property is also noted as being minutes from Lake Winnipesaukee and Gunstock Mountain Resort. Granite Ridge is supported by town water and sewer, underground utilities, 3-phase power, propane heat, and fiber optic connectivity.

This configuration is well suited for trades and service-oriented businesses needing both workspace and storage, as well as companies requiring an office alongside a flexible warehouse bay. For owner-operators and buyers looking to control their operating space, the unit’s combination of private entry, office buildout, restroom, and overhead-door access supports a wide range of day-to-day setups.

Key Highlights

  • 1,500 SF commercial flex unit in Building 6 with dedicated office area, restroom, and a spacious open bay
  • Open bay includes a 10' overhead door for easy access and loading
  • Private entrance for the unit

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.8k $19.20
− Vacancy −$2.4k −$1.57
EGI $26.4k $17.63
− OpEx −$9.3k −$6.17
NOI $17.2k $11.46
1,500 SF · lease $19.20/SF/yr · vacancy 8.20% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$245.5K
$214.8K – $286.4K (±1% cap)
NOI $17,185 @ 7.0% cap · market cap 3.31%
Second Best
Warehouse
$219.5K
$192.1K – $256.1K (±1% cap)
NOI $15,367 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$356.7K
$312.1K – $416.2K (±1% cap)
NOI $24,970 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Big Box & Wholesale Store Restaurant Auto Parts Store Parking Lot & Garage Storage Facility Auto Repair Shop Building Supply Kitchen & Bath Showroom Garden Center

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

FAQs

What type of property is this?
Flex space - A commercial flex unit combining dedicated office space, restroom, and an open bay served by a 10' overhead door.
Where is this flex space located?
The property is located at 288 Hounsell Avenue #601 Gilford, NH.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: 1,500 SF commercial flex unit in Building 6 with dedicated office area, restroom, and a spacious open bay; Open bay includes a 10' overhead door for easy access and loading; Private entrance for the unit
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