35 Center St Wolfeboro, NH 03894
- Commercial real estate
- 21,729 SF
- 6.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 35 Center St
- Year built
- 1985
- Lot size
- 6.14 lot acres
- Property size
- 21,729 SF
- Zone code
- COMMER
- Property type
- Commercial real estate
- APN
- WOLF M:00218 B:000017 L:000000
- APU
- WOLFM00218B000017L000000
Description
Clark Plaza, situated at 35 & 36 Center Street in Wolfeboro, NH, presents a rare opportunity to acquire a substantial commercial real estate portfolio spanning 7.87 acres. This exceptional offering encompasses two distinct properties totaling 51,744 square feet, currently housing a thriving mix of established businesses that cater to the daily needs of the Wolfeboro community. The portfolio generates over $1,000,000 in gross annual rent, demonstrating consistent and substantial income potential. 35 Center Street features two commercial office buildings, a two-building storage facility, a two-unit apartment building, and a six-unit townhouse complex with an attached shop. Tenants include a state liquor store, car wash, flower shop, post office, insurance and financial services, two pizzerias, a breakfast/lunch eatery, a market, and various smaller businesses such as massage therapy and mental health practices. 36 Center Street comprises two buildings housing a grocery store, bank, health and fitness center, beauty salon, tax preparation service, bakery, and a pizzeria. These properties represent a well-diversified tenant base, minimizing risk and ensuring consistent revenue streams. Detailed financial information is available upon execution of a non-disclosure agreement. This is an exceptional opportunity to acquire a significant and highly profitable commercial property in a vibrant New Hampshire community. The asking price for this exceptional portfolio is $12,500,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,400,000
- 6.5%
- $4,060,000
- 7%
- $3,770,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,096,000
- AI Estimate
- $3,598,000
Market price range: $2.63M - $5.10MMarket price range: $1.22M - $3.90M
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Location Insight
- Map
- Local Demand
- City
- Wolfeboro
- County
- Carroll
- State
- New Hampshire
- Longitude
- -71.2046
- Latitude
- 43.5865