223 Daniel Webster HwyBelmont, NH 03220

Property Details for 223 Daniel Webster Hwy

Year built

2010

Construction

STEEL FRAME

Lot size

2.06 AC

Property size (Sq ft)

4,230 SF

Zone code

COM

Property type

Retail properties

Property subtype

Turn key restaurants

APN

BLMT M:101 B:028 L:000

APU

BLMTM101B028L000

Description

This exceptional 1,902 square foot retail space is situated at 223 Daniel Webster Highway in Belmont, New Hampshire, 03220. Located on Route 3, a major thoroughfare boasting over 17,500 vehicles per day, this single-tenant property offers unparalleled visibility and accessibility. Anchored by a thriving Dunkin' drive-thru, this location benefits from high traffic counts and a prime position less than a mile from the Bypass and a key entry point to Laconia. The versatile space is ideal for a variety of retail uses, including restaurants, salons, and convenience stores. An added benefit is the potential for an outdoor patio, providing extra space for dining or sales. The property features ample parking, attractive landscaping, and a recently renovated exterior. The space is available on a NNN lease basis. For businesses seeking a strong presence in the Lakes Region, this location provides an exceptional opportunity. Furthermore, there is additional land available for ground lease on an adjacent parcel. This presents a unique opportunity to expand operations or create additional revenue streams. The property is in Belknap County and totals 4,230 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $1,133,834

  6.5%

  $1,046,616

  7%

  $971,858

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,394,656

  Geo Method

  $1,392,783

• Alternative Use

  Use

  Valuation

  Residential

  $882,860

  Hospitality

  $808,695

  Educational

  $672,825

  Medical

  $695,964

  Retail

  $1,046,616

Location Insight

City

Belmont

County

Belknap

State

New Hampshire

Latitude

43.5083

Longitude

-71.4992

CBSA code

29060

CBSA name

LACONIA, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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