Leased Office Condo
For Sale
$450,000
A-6 Grove St, Wolfeboro, NH 03894
A leased professional workspace near downtown Wolfeboro with parking and flexibility for office, medical, showroom, or small-business use.
Property Size3,439 SF
Price / SF$130.85
Days on Market340
Property Features for A-6 Grove St
General Information
Standard status
Active
Size
3,439 SF
Taxes and HOA fees
Annual Taxes
$2,961
Building Details
Tenancy
Single
Owner Occupied
No
Listing Agency:
Maxfield Real Estate/Wolfeboro
(603) 569-3128
Listed By:
Nicole Shamlian
(603) 340-1025
Source:
Exprealty
Added: Nov 11, 2025
Changed: Oct 2
Last Checked: Oct 16 at 9:23AM
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 Maxfield Real Estate/Wolfeboro
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,439-square-foot condominium office unit is occupied by an existing business under a lease with three years remaining. The property includes ample parking and offers a practical setting for employees, clients, and visitors. Its size and configuration support several professional applications, including medical office, small business, showroom, and general office use.
The unit is located close to downtown Wolfeboro, placing it near the community’s active central area. The combination of an in-place lease, accessible parking, and adaptable commercial space creates a straightforward ownership profile for a purchaser seeking an office-oriented property with continued occupancy.
The unit is located close to downtown Wolfeboro, placing it near the community’s active central area. The combination of an in-place lease, accessible parking, and adaptable commercial space creates a straightforward ownership profile for a purchaser seeking an office-oriented property with continued occupancy.
Key Highlights
- 3, 439‑square‑foot condominium office unit
- Existing business lease with three years remaining
- Ample parking for employees, clients, and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,737
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,740
$694.7K
Cap Rate 7%
$496,243
$496.2K
Cap Rate 9%
$385,967
$386.0K
Market Conditions
NOI Build-Up for 3,439 SF
Gross rent
$53.6K $15.60/SF
− Vacancy
−$4.0K −$1.17/SF
EGI
$49.6K $14.43/SF
− OpEx
−$14.9K −$4.33/SF
NOI
$34.7K $10.10/SF
Area
Carroll County, NH
Vacancy
7.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,740
Cap Rate 7%
$496,243
Cap Rate 9%
$385,967
Alternative Uses
Best Use
Office B
$676.5K
$591.9K – $789.3K
NOI $47,355 @ 7.0% cap · market cap 10.52%
Second Best
Retail
$496.2K
$434.2K – $579.0K
NOI $34,737 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$858.7K
$751.4K – $1.00M
NOI $60,109 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
Explore this area
Business Placement
Demographics for 03894, NH
6,382
Population
4,347
Households
1.5
Avg Household Size
58
Median Age
43%
College-Educated
99%
High-School Grad
47.3 sq mi
ZIP Area
135
Density / Sq Mi
$84,660
Median Household Income
$44,841
Median Earnings
$1,093
Median Rent
$435,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - A leased professional workspace near downtown Wolfeboro with parking and flexibility for office, medical, showroom, or small-business use.
Where is this office units located?
The property is located at A-6 Grove St Wolfeboro, NH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3, 439‑square‑foot condominium office unit; Existing business lease with three years remaining; Ample parking for employees, clients, and visitors
