252 Lee RdMoultonborough, NH 03254

Property Details for 252 Lee Rd

Year built

2006

Construction

FRAME

Lot size

1.91 AC

Property size (Sq ft)

855 SF

Zone code

COMMER

Property type

Showrooms

APN

MOUL M:050 L:010

APU

MOULM050L010

Description

This exceptional turn-key business opportunity presents a professionally designed 18-hole mini golf course nestled on a spacious 1.91-acre lot in Moultonborough, NH. Conveniently located off Route 109, this established attraction boasts a charming clubhouse featuring a half-bath and a versatile party area ideal for hosting small gatherings and events. The course itself is meticulously maintained with an irrigation system ensuring lush greens year-round. Underground audio provides a relaxing ambiance, enhanced further by strategically placed lighting for enjoyable evening play. Ample paved parking is available for guests. The sale includes all existing inventory and a 10' x 16' utility shed, providing ample storage space. With minimal competition, this mini golf course presents a unique opportunity for a savvy investor seeking a profitable and established recreational business. The 855 square foot clubhouse and course are ready for immediate operation, offering a seamless transition for the new owner. This is a rare chance to acquire a well-maintained, profitable business with significant growth potential in a desirable New Hampshire location. The property's prime location and established customer base make this an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $229,187

  6.5%

  $211,557

  7%

  $196,446

• Comparable approach

  Method

  Valuation

  Relative Method

  $281,899

  Geo Method

  $281,520

• Alternative Use

  Use

  Valuation

  Residential

  $178,457

  Hospitality

  $163,465

  Educational

  $136,001

  Medical

  $140,678

  Retail

  $211,557

Location Insight

City

Moultonborough

County

Carroll

State

New Hampshire

Latitude

43.7509

Longitude

-71.3712

Property Tax & Assessments

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