Ground-Level Medical Office
29 Mill St D5, Wolfeboro, NH 03894
New
Barrier-free ground-level unit in Wolfeboro Marketplace, currently medical office with parking and potential for professional or retail conversion.
Type:Commercial
Property size:
1,225 SFPrice / SF:
$257/SF- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 24 at 6:29 am
Property Features for 29 Mill St D5
General Information
- Standard status
- Active
- Size
- 1,225 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1983
Listing office Yankee Pedlar Realtors (603) 569-1000
Listing date Jun 23, 2026
Source Elliman
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 Yankee Pedlar Realtors
HighLights
- Commercial condominium built in 1983, Unit D5, offering approx. 1,225± SF of ground‑level space
- Barrier‑free, ground‑level access directly from the parking area
- Currently operating as a medical office; suited for professional/medical use and other permitted commercial uses
- Includes two assigned parking spaces, plus additional on‑site parking for customers and clients
- Located in Wolfeboro Marketplace, a short walk from downtown Wolfeboro
- Pleasant views of Lake Winnipesaukee from the property; potential docking opportunities may be available
Overview
Unit D5 is a professionally oriented commercial condominium offering approximately 1,225± square feet of ground-level space. The unit features convenient, barrier-free access directly from the parking area and is currently operating as a medical office. A flexible floor plan supports continued professional or medical use, with the layout also positioned for conversion to general office, retail, service business, or other permitted commercial uses within the complex.
The property is located in Wolfeboro Marketplace, with access described as a short walk from downtown Wolfeboro. The remarks also note pleasant views of Lake Winnipesaukee and proximity to the waterfront. Two assigned parking spaces are included, with additional on-site parking available for customers and clients. The complex is described as an established commercial environment, and the unit is characterized as having strong visibility within that setting.
This unit can work for an owner-occupant seeking an accessible medical or professional location, or for a buyer looking for a versatile commercial condominium within a mixed-use shopping center. With ground-level entry, on-site parking, and an existing medical office configuration, the space supports a range of professional and retail-oriented uses while remaining easy for clients and customers to reach from the parking area. The opportunity may also include potential docking availability, as noted in the remarks.
The property is located in Wolfeboro Marketplace, with access described as a short walk from downtown Wolfeboro. The remarks also note pleasant views of Lake Winnipesaukee and proximity to the waterfront. Two assigned parking spaces are included, with additional on-site parking available for customers and clients. The complex is described as an established commercial environment, and the unit is characterized as having strong visibility within that setting.
This unit can work for an owner-occupant seeking an accessible medical or professional location, or for a buyer looking for a versatile commercial condominium within a mixed-use shopping center. With ground-level entry, on-site parking, and an existing medical office configuration, the space supports a range of professional and retail-oriented uses while remaining easy for clients and customers to reach from the parking area. The opportunity may also include potential docking availability, as noted in the remarks.
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 | $26.5k | $21.60 |
| − Vacancy | −$4.0k | −$3.24 |
| EGI | $22.5k | $18.36 |
| − OpEx | −$5.6k | −$4.59 |
| NOI | $16.9k | $13.77 |
1,225 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$241.0K
$210.9K – $281.1K
NOI $16,868 @ 7.0% cap · market cap 5.35%
Second Best
Retail
$176.8K
$154.7K – $206.2K
NOI $12,374 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$305.9K
$267.6K – $356.9K
NOI $21,411 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Medical Office Space
Location Insight
- Map
- Local Demand
- City
- Wolfeboro
- County
- Carroll
- State
- New Hampshire
- Longitude
- -71.2147661
- Latitude
- 43.5854223
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Barrier-free ground-level unit in Wolfeboro Marketplace, currently medical office with parking and potential for professional or retail conversion.
Where is this medical office space located?
The property is located at 29 Mill St D5 Wolfeboro, NH.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Commercial condominium built in 1983, Unit D5, offering approx. 1,225± SF of ground‑level space; Barrier‑free, ground‑level access directly from the parking area; Currently operating as a medical office; suited for professional/medical use and other permitted commercial uses
