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PAUGUS BAY PLAZA (AUCTION) 131 Lake St

60,893 SF 93% Leased Retail Building Gilford, NH 03249 For Sale

Investment Highlights

  • AUCTION DATES: 12/02 - 12/04
  • Desirable Real Estate – Gilford, New Hampshire sits directly on the waterfront (Route 3) in the heart of the retail corridor.
  • Walking Distance to Water, The Margate Resort, Baja Beach Club and more.
  • STARTING BID: $1,500,000
  • Route 3 is the main thoroughfare through the Lakes Region and requires most visitors to travel past the plaza
  • Turn-Key Asset – Ownership has spent significant time and money stabilizing the property, providing a lucrative, double digit return on your capital.

Executive Summary

Broker of Record
Brian Brockman
License No. 075994 (NH)
(866) 889-0550
Bang Realty- New England, Inc.
11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
60,893 SF
Building Class
C
Year Built/Renovated
1976/2023
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.19
Land Acres
7.35 AC
Zoning
Commercial - See marketing brochure for zoning information
Parking
156 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
460 FT on Lake St

Amenities

  • Conferencing Facility
  • Restaurant
  • Signage
  • Enclosed Mall

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 11
  • 900 SF
  • Retail
  • -
  • Now

This is a retail unit.

  • 20 C
  • 300 SF
  • Office
  • -
  • Now
  • 20 D
  • 350 SF
  • Office
  • -
  • Now
  • 20 E
  • 400 SF
  • Office
  • -
  • Now
  • 7
  • 3,509 SF
  • Retail
  • -
  • Now

First 3 months are rent free for this unit.

Space Size Space Use Position Available
11 900 SF Retail - Now
20 C 300 SF Office - Now
20 D 350 SF Office - Now
20 E 400 SF Office - Now
7 3,509 SF Retail - Now

11

Size
900 SF
Space Use
Retail
Position
-
Available
Now

20 C

Size
300 SF
Space Use
Office
Position
-
Available
Now

20 D

Size
350 SF
Space Use
Office
Position
-
Available
Now

20 E

Size
400 SF
Space Use
Office
Position
-
Available
Now

7

Size
3,509 SF
Space Use
Retail
Position
-
Available
Now

11

Size 900 SF
Space Use Retail
Position -
Available Now

This is a retail unit.

20 C

Size 300 SF
Space Use Office
Position -
Available Now

20 D

Size 350 SF
Space Use Office
Position -
Available Now

20 E

Size 400 SF
Space Use Office
Position -
Available Now

7

Size 3,509 SF
Space Use Retail
Position -
Available Now

First 3 months are rent free for this unit.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GIFL-000201-000001-000106
Land Assessment
$0
Improvements Assessment
$74,800
Total Assessment
$74,800
  • Listing ID: 33764240

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: 131 Lake St, Gilford, NH 03249

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