Property summary
The property is a commercial building located on Route 3 between Meredith and Laconia, near Lake Winnipesaukee and Downtown Meredith. It sits on a 1.62-acre lot and is supported by flexible zoning that allows a range of business uses. The site includes on-site parking and frontage on Route 3, with a main level configured for business use and currently outfitted as a coffee shop; the layout is suitable for retail, office, or service use. Restaurant equipment is included, with limited exclusions for some duplicate appliances. The property also contains a partially finished basement accessible through a separate entrance and bathroom, which can support additional business use or separate tenancy. With pending town approval, there is potential for additional residential development, such as a home or duplex, on the rear portion of the lot.
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of this District is to provide an area for vehicular oriented businesses, This area is located along Route 3 South, which is a major tourist route and year round transportation corridor in the Lakes Region
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Meredith market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CS · Meredith, NHThe purpose of this District is to provide an area for vehicular oriented businesses, This area is located along Route 3 South, which is a major tourist route and year round transportation corridor in the Lakes Region
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of this District is to provide an area for vehicular oriented businesses, This area is located along Route 3 South, which is a major tourist route and year round transportation corridor in the Lakes Region
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CS in Meredith, NH.
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