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518 Province Rd 3,600 SF 100% Leased Retail Building Gilmanton, NH 03237 $657,281 CAD ($182.58 CAD/SF)
Executive Summary
Exceptional opportunity to own a turnkey commercial/multifamily investment property ready for its next owner or investor to build long-term equity. With leases already in place, this property offers immediate income potential and helps offset operating expenses from day one. Ideally located in a desirable Gilmanton setting directly across the street from town offices and local businesses, 518 Province Road offers both convenience and strong rental appeal. The property features three units, each with separate meters. The commercial unit is currently operating as a charming country store and includes an oversized walk-in refrigerator, a newly updated bathroom, and beautiful wood floors. The second unit is a spacious two-bedroom, two-level residential apartment with an additional bonus room and two bathrooms, along with a private deck and landscaped backyard that provides a peaceful outdoor retreat and is occupied by long-term tenants. The third unit offers a one-bedroom, open-concept layout with a 3/4 bath and a deck and is currently owner-occupied. This property has seen extensive recent updates, including a new roof, as well as updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, water tank, and hot water heater, along with a newer water filtration system completed in 2024, providing peace of mind and reduced maintenance for years to come. With multiple income streams, significant improvements, and stable tenancy, this property presents strong upside potential for investors seeking reliable cash flow and long-term growth. Whether you are expanding your portfolio or looking for a mixed-use property with flexibility, this is a rare opportunity to invest in both income and equity appreciation. Private showings only with proof of funds or preapproval required.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,600 SF
Building Class
C
Year Built
1930
Price
$657,281 CAD
Price Per SF
$182.58 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.14
Lot Size
0.60 AC
Zoning
VIL V
Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | GILM-000127-000000-037000 | Improvements Assessment | $426,292 CAD |
| Land Assessment | $230,988 CAD | Total Assessment | $657,281 CAD |
Property Taxes
Parcel Number
GILM-000127-000000-037000
Land Assessment
$230,988 CAD
Improvements Assessment
$426,292 CAD
Total Assessment
$657,281 CAD
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NH Brokerage LLC
518 Province Rd
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