1801 White Mountain HwyTamworth, NH 03886

  • Showrooms
  • 6,340 SF
For Sale
$1,425,000 View listing

Property Details for 1801 White Mountain Hwy

Year built
1998
Construction
FRAME
Lot size
1.76 AC
Property size (Sq ft)
6,340 SF
Zone code
TAMWOR
Property type
Showrooms
APN
TAMW M:0211 B:0034 L:
APU
TAMWM0211B0034L

Description

This exceptional investment opportunity presents a fully operational, 6,640 square foot auto shop situated on a 1.75-acre lot in Tamworth, New Hampshire. Located at 1801 White Mountain Highway, this 100% occupied property boasts a prime location with high visibility and easy access, ensuring strong customer traffic. Built in 1998, the building features updated heating and air conditioning, including air-conditioned work bays, and benefits from three-phase power. The business itself is a turnkey operation, equipped for immediate revenue generation, and enjoys an established reputation and loyal customer base built over years of dedicated service. Its versatility is a key asset, functioning as an auto dealership, repair center, quick service hub, tire dealership, and detailing bays, providing multiple income streams. The large paved lot offers ample space for storage, expansion, and additional ventures. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable New Hampshire location. The asking price is $1,425,000, with a price per square foot of $214.61. The property is offered as a single-tenant operation under the established brand, Tice's Automotive. This is a truly unique opportunity for an investor seeking a stable, high-return investment in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,699,434
    6.5%
    $1,568,708
    7%
    $1,456,657
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,090,336
    Geo Method
    $2,087,529
  • Alternative Use

    Use
    Valuation
    Residential
    $1,323,264
    Hospitality
    $1,212,102
    Educational
    $1,008,455
    Medical
    $1,043,137
    Retail
    $1,568,708
1801 White Mountain Hwy, Tamworth, New Hampshire

Location Insight

City
Tamworth
County
Carroll
State
New Hampshire
Latitude
43.8279
Longitude
-71.2071

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
$12,908
$123,700
$387,900
$511,600
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-
-
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