636 Main StTilton, NH 03276

  • Commercial real estate
  • 2,599 SF
For Sale
$850,000 View listing

Property Details for 636 Main St

Year built
1985
Lot size
0.48 AC
Property size (Sq ft)
2,599 SF
Zone code
GENERA
Property type
Commercial real estate
APN
TILT M:00R26 B:000026 L:000000
APU
TILTM00R26B000026L000000

Description

This exceptional commercial property at 636 W Main Street, Tilton, NH, presents a lucrative investment opportunity. The 0.48-acre lot boasts two well-maintained office buildings, one constructed in 1985 and the other in 1998. Both buildings are equipped with HVAC systems, ensuring year-round comfort for tenants. Currently, five tenants occupy the space, providing a stable income stream. A portion of the space is currently used by the owner but will be vacated upon sale, offering flexibility for the new owner. One building is occupied by a single tenant, while the other houses multiple businesses. The property features ample parking for all tenants and offers excellent visibility due to its prime location on Route 3. A prominent, newly installed LED sign enhances visibility, although its use is currently restricted to on-site businesses. Recent upgrades include new paving and flooring, reflecting the property's well-maintained condition. The versatile layout of the buildings allows for potential subdivision of existing spaces to accommodate additional tenants, increasing rental income potential. The asking price is $850,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $542,456
    Hospitality
    $496,887
    Educational
    $413,404
    Medical
    $427,622
    Retail
    $643,073

Location Insight

City
Tilton
County
Belknap
State
New Hampshire
Latitude
43.4468
Longitude
-71.6211
CBSA code
29060
CBSA name
LACONIA, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,376
$115,700
$470,200
$585,900
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