Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wolfeboro Commercial Opportunity For Sale Title is generated by Realmo AI

    84 Bay Street, Wolfeboro, NH 03894

    View on Map
    Claim this Listing
    For Sale
    $615,000

    Commercial For Sale - Wolfeboro, NH

    Property size:
    2,490 SF
    Lot size:
    2.11 Acres
    Price / SF:
    $246/SF
    Added:
    Apr 22, 2026
    Days on Market:
    18
    Last Refresh:
    May 9 at 1:06 pm

    Property Features for 84 Bay Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMMER
    Rooms
    Basement
    Basement Y/N
    1
    Standard status
    Active
    Size
    2,490 SF
    Lot size
    2.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5487

    Utilities

    Heating system
    Oil, Propane (Heating)

    Building Details

    Year built
    1925
    Number of units
    1
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Heidi Peterson

    Listing agent Heidi Peterson

    Listing office Wolfeboro Bay Real Estate, LLC 44 North Main St., Wolfeboro, NH

    Listing date Apr 22, 2026

    MLS# 5084757 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.

    HighLights

    • Prime downtown Wolfeboro location in the Lakes Region with high visibility and walkability to amenities.
    • Flexible 2,490 sq ft space suitable for various commercial, residential, or mixed‑use applications (subject to verification and approval).
    • Paved parking and zero‑step entry for accessibility.
    • Town water and sewer connections.
    • Located within the Bay Street Limited Business District offering a range of permitted uses with Planning Board approval.
    • Existing infrastructure from previous medical office use provides a head start for similar ventures.

    Overview

    Located in the heart of downtown Wolfeboro, this commercial property presents a unique opportunity. Formerly a medical office, the approximately 2,490 sq ft unit offers a flexible space for investors, professionals, or entrepreneurs. The property includes paved parking, a zero-step entry ramp and steps with Trex decking and railings, and vinyl siding. It benefits from town water and sewer services. Situated within the Bay Street Limited Business District, the space allows for various commercial, residential, or mixed-use applications, subject to buyer verification of permitted uses. The location provides walkability to downtown restaurants, shops, and marinas, and is in close proximity to Lake Winnipesaukee. Permitted uses with Planning Board Approval include single detached dwellings, duplex dwellings, accessory home occupations, accessory uses, residential apartments (not permitted on the first floor), artisan studios, business services, professional offices, personal services, banks, restaurants (carryout), retail, day care, and other uses with special exceptions. The property is located in Carroll County, in Wolfeboro, NH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Spa & Massage Center Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wolfeboro
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.2118411
    Latitude
    43.5922724

    Nearby Similar for Sale

    • $450,000

      Wolfeboro Commercial Condo For Sale

      3,439 SF condo near downtown Wolfeboro, NH. Investment opportunity.
      6 Grove Street, Wolfeboro, NH 03894
      View Details
    • $425,000

      Downtown Wolfeboro Commercial Units

      Two commercial units in Wolfeboro Marketplace building for sale.
      29 Mill Street, Wolfeboro, NH 03894
      View Details
    • $318,000

      Retail Space in Wolfeboro, NH

      960 sq ft retail condo in the heart of Wolfeboro.
      25 N Main Street, Wolfeboro, NH 03894
      View Details
    • $799,000
      3,315 SF

      Wolfeboro Commercial Property on Bay

      Two-unit commercial building with water frontage in Wolfeboro, NH.
      17 Bay St, Wolfeboro, NH 03894
      View Details
    • $615,000
      2,490 SF

      Downtown Wolfeboro Commercial Opportunity

      2,490+ sq ft unit in the heart of downtown Wolfeboro.
      84 Bay St, Wolfeboro, NH 03894
      View Details
    • $3,500,000

      Wolfeboro Campground on 80+ Acres

      Campground with 60 campsites, owner's home, and room to grow.
      883 Center Street, Wolfeboro, NH 03894
      View Details
    • $3,500,000
      2,025 SF

      Wolfeboro Campground on 80+ Acres

      80+ acre campground with 60 campsites and owner's home.
      883 Center Street, Wolfeboro, NH 03894
      View Details
    • $3,200,000
      2,025 SF

      Wolfeboro Campground on 74 Acres

      Campground with 60 campsites, owner's home, and expansion potential.
      883 Center Street, Wolfeboro, NH 03894
      View Details
    • $3,200,000

      Wolfeboro Campground Opportunity

      Amazing 80+ acre campground with 60 campsites for sale.
      883 Center Street, Wolfeboro, NH 03894
      View Details
    • $3,500,000

      Wiley Brook Campground For Sale

      Campground property for sale in Wolfeboro, New Hampshire.
      883 Center Street, Wolfeboro, NH 03894
      View Details
    • $12,500,000

      Wolfeboro Mixed-Use Commercial Properties

      Two mixed-use properties in the heart of Wolfeboro, New Hampshire.
      35 & 36 Center Street, Wolfeboro, NH 03894
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Versatile commercial space in downtown Wolfeboro, near Lake Winnipesaukee.
    Where is this medical office space located?
    The property is located at 84 Bay Street Wolfeboro, NH.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: Prime downtown Wolfeboro location in the Lakes Region with high visibility and walkability to amenities.; Flexible 2,490 sq ft space suitable for various commercial, residential, or mixed‑use applications (subject to verification and approval).; Paved parking and zero‑step entry for accessibility.
    (603) 569-0101
    We can help!
    Listing Contact
    Heidi Peterson
    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

    Thank You for Inquiry
    84 Bay Street, Wolfeboro, NH 03894
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!