1457-1467 Lake Shore Road, Gilford, NH, 03249 | $2,250,000

LOCATION LOCATION LOCATION !!!! TRAFFIC TRAFFIC and more TRAFFIC. The is no better location in the Lakes Region better than this location…. . NONE. Next door and across the street and just down the street from McDonald's, Wendy’s, Cactus Jacks, T-bones, Dairy Queen, Shaws , Lowes, Walmart, TD Bank, NH Savings Bank , Meredith Village Savings Bank, 1 mile from the Airport, Hotels, Motels, Condos, Paugus Bay, Lake Winnipesaukee and THE LIST GOES ON AND ON and ON. On top of that here are some details. 2 separate buildings, the Restaurant is rented as a tenant at will, the lease has expired so If you want them in a lease, they have been there 15 years and they would like to sign a lease. The gas station was last leased to a used car dealer. The second building is vacant and having culvert work done. The restaurant is 3, 446 square feet and the Old Getty Gas station is 1, 800 square feet. Seller understands the property is valued at its asking price as a location site not necessarily for any of the buildings. IN addition, in a separate listing, there is abutting 18 acres listed for sale by the same seller.

Features

  • Property Type: Hospitality,Land,Opportunity,Retail
  • Construction: Other,Wood Frame,Block Exterior,Wood Exterior
  • Units: 2
  • Zoning: COM
  • Frontage: 465
  • Acreage: 4.43
  • Est. Taxes: $13,920
  • MLS#: 5029314
  • Website: https://www.raveis.com
    /prop/5029314/14571467lakeshoreroad_gilford_nh?source=qrflyer
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Listing courtesy of Coldwell Banker Realty Gilford NH   Phone: 603-524-2255
Listing Agent: Reed Heath

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1457-1467 Lake Shore Road, Gilford, NH, 03249

$2,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,800,000 $1,800,000 $1,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.517% 6.235% 6.058%
Monthly Tax Payment $1,160 $1,160 $1,160
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,940 $10,937 $15,068
Total Monthly Payment $11,225 $12,222 $16,353

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.