35 Center StWolfeboro, NH 03894

  • Commercial real estate
  • 21,729 SF
For Sale
$12,500,000 View listing

Property Details for 35 Center St

Year built
1985
Lot size
6.14 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,111,977
    Hospitality
    $3,766,548
    Educational
    $3,133,724
    Medical
    $3,241,498
    Retail
    $4,874,682
35 Center St, Wolfeboro, New Hampshire

Location Insight

City
Wolfeboro
County
Carroll
State
New Hampshire
Latitude
43.5865
Longitude
-71.2046

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
$44,354
$786,400
$2,232,900
$3,019,300
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