Add Listing
    For Lease
    • 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

    131 Lake Street Gilford, NH 03249

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    Commercial For Lease - Gilford, NH

    Property size:
    3,200 SF
    Added:
    Apr 27, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 28 at 12:06 am

    Property Features for 131 Lake Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C
    EntryLevel
    1
    Standard status
    Active
    Size
    3,200 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Number of units
    1
    Roof type
    Membrane
    Architectural style
    Other

    We can help!

    Listing Contact
    Shannon Casey
    Shannon Casey

    Listing agent Shannon Casey

    Listing office KW Coastal and Lakes & Mountains Realty/Meredith 66 NH Route 25, Portsmouth, NH

    Listing date Apr 27, 2026

    MLS# 5085624 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.

    Overview

    Gilford Commercial Space For Lease

    A 3,200 SF commercial unit is available for lease at The Village at Paugus Bay, located at 131 Lake Street in Gilford. This open-concept space is suitable for retail, fitness, studio, light industrial, or service-based businesses. Unit 17 features a private entrance, an in-unit bathroom, and a wide-open floor plan. The Village promotes its tenants through social media and community events. This high-traffic location benefits from year-round residents and seasonal visitors. The property is under new ownership, with ongoing investments planned.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilford
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.3905
    Latitude
    43.5518

    Nearby Similar for Lease

    • Contact for pricing

      Versatile Commercial Building in Gilford

      Adaptable commercial space suitable for various business ventures.
      95 Lake Street, Gilford, NH 03249
      View Details
    • Contact for pricing

      Gilford Office Space For Lease

      Professional office space with convenient highway access in Gilford, NH.
      25 Country Club Road, Gilford, NH 03249-0000
      View Details
    • Contact for pricing

      Refreshed Office Suite in Gilford

      Move-in ready office suite in the heart of Lakes Region.
      36 Country Club Road, Gilford, NH 03249-0000
      View Details
    • $2,000/Mo

      Pristine Retail or Office Space

      Move-in ready 1,680 SF suite with modern amenities. Available August 1, 2025.
      32 Artisan Ct Unit 1, Gilford, NH 03249
      View Details
    • $19 SF/Yr

      Versatile Commercial Building on Lake

      Adaptable commercial building suitable for restaurant, retail, office, or hospitality.
      95 Lake St, Gilford, NH 03249
      View Details
    • Contact for pricing

      Move-in Ready Office Suite

      First-floor office suite in the heart of the Lakes Region.
      36 Country Club Drive, Gilford, NH 03249
      View Details
    • Contact for pricing

      Medical Space in Hillside Park

      Adaptable Class A medical space in Gilford, New Hampshire.
      14 Maple St, Gilford, NH 03249
      View Details

    FAQs

    What type of property is this?
    Retail space - Spacious commercial unit in a dynamic Lakes Region business hub.
    Where is this retail space located?
    The property is located at 131 Lake Street Gilford, NH.
    What are key features of this property?
    This property features: Spacious 3,200 SF open‑concept commercial unit.; Located in The Village at Paugus Bay, a dynamic and community‑driven business hub.; High‑traffic location with year‑round residents and strong seasonal draw.
    (603) 630-3343
    We can help!
    Listing Contact
    Shannon Casey
    Shannon Casey
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!