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95 Lake St 12,900 SF 22% Leased Retail Building Gilford, NH 03249 For Sale

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Investment Highlights

Strategically located, offering unparalleled visibility and access just two minutes from the highway and en route to the iconic Weir's Beach.

Executive Summary

Introducing a rare and exceptional investment opportunity in the prestigious Lakes Region of New Hampshire. This 3.58-acre parcel, one of the last remaining on this prime strip, is unrivaled in its strategic location, offering unparalleled visibility and access just two minutes from the highway and en route to the iconic Weir's Beach. Nestled across from the shimmering waters of Paugus Bay at Lake Winnipesaukee, this site once hosted a bustling restaurant and nightclub. Now, it stands poised for transformation into a future landmark, ready to surpass its historical successes. Perfectly suited for high-profile developments such as luxury hotels, renowned national brands, and innovative projects like upscale retail, executive office buildings, and refined Airbnb condos, the property's potential is boundless. Envision a rooftop restaurant offering panoramic lake views, or perhaps conceive a distinctive venture that extends beyond traditional concepts-a vision only a true innovator could realize. Offering flexible acquisition options, including strategic partnerships, competitive owner financing, and lease-to-own opportunities, this property invites you to create a lasting legacy. Seize the extraordinary potential of this premier location and craft a visionary project that will define the future. Potential for seller financing at $1,000,000 down with a 6.5% rate.

Property Facts

Sale Type

Investment

Sale Condition

Redevelopment Project

Property Type

Retail

Property Subtype

Restaurant

Building Size

12,900 SF

Building Class

Year Built

1956

Percent Leased

22%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.08

Lot Size

3.58 AC

Zoning

C - Commerical

Parking

40 Spaces (3.1 Spaces per 1,000 SF Leased)

Frontage

248’ on Lake St

Signage

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
10,121 SF
Restaurant
-
Now

Formerly home to a well-established Chinese restaurant, this versatile commercial building sits on a generous 10,000+ square foot lot. The property offers exceptional flexibility and is well-suited for a variety of uses, including a restaurant, nightclub, event center, storage facility, hotel, retail, or office space. Located in a high-traffic area with excellent visibility, it is just steps from major retailers and services such as Lowe's, Hannaford, Shaw's, banks, and more-making it an ideal location for a thriving business.