288 Hounsell Avenue #602 Gilford, NH 03249
Commercial condominium flex space with dedicated office, restroom, and a 10' overhead door for efficient loading access.
Property Features for 288 Hounsell Avenue #602
General Information
- Standard status
- Active
- Size
- 1,425 SF
Building Details
- Year Built
- 2026
Listing office KW Coastal and Lakes & Mountains Realty/Meredith (603) 630-3343
Listing date Jul 7, 2026
Source Laerrealty
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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.
The property is located at 288 Hounsell Avenue in Gilford, within a professionally engineered Granite Ridge campus in the Lakes Region. The community is supported by town water and sewer, underground utilities, 3-phase power, propane heat, and fiber optic connectivity. The setting is described as being within Gilford’s commercial district, providing convenient access for clients, employees, and deliveries.
For buyers who want one place to run the business and store equipment, this flex configuration can accommodate a range of operational needs, including trade and service work, inventory storage, and workshop-style use. The combination of office space, restroom, and direct overhead-door access supports a practical workflow for teams that require both customer-facing space and an efficient back-of-house area.
Key Highlights
- 1,425 SF commercial flex unit in Building 6 within Granite Ridge Commercial condominium community
- Unit layout includes dedicated office area, restroom, and a spacious open bay
- Open bay features a 10' overhead door for loading and easy access
Local Financial Insights For Office B
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 | $29.1k | $20.40 |
| − Vacancy | −$3.9k | −$2.71 |
| EGI | $25.2k | $17.69 |
| − OpEx | −$6.3k | −$4.42 |
| NOI | $18.9k | $13.27 |
