Weeks Commercial
350 Court Street, Laconia, NH
(603) 528.3388
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504 Laconia Road, Tilton, NH

Price: $750,000 Lot Size: 2.41 Acres
MLS #: 4795206 Zoning: Mixed Use
Type: Commercial Sale Building Sq Ft: 5786
Address: 504 Laconia Road
 
Remarks: Excellent commercial opportunity located on Route 3 in Tilton, just a short distance from Exit 20. 2.41+/- acre lot, mostly level with 200+/- feet of frontage make this property stand out. Great for end user/investor. The main building is 5,786+/- SF and was the home of the successful Shiloh’s Restaurant. Many of the major kitchen components are still present – 12 Ft & 8 Ft Hood with Ansul System, dishwasher, 3 bay sink, 12 Ft Walk-In refrigerator and much more. The restaurant is air conditioned and ADA accessible. Multiple heating zones with FHA/Natural Gas. Above is a partially finished 2nd floor space which could make a great apartment with town approval. Restaurant was bringing in over $35,000/yr. rental income when leased to Shiloh’s. The barn was moved and is presently not on a permanent foundation. This could be moved and sold or pour a foundation and finish the project. Currently, there is no electricity connected. The barn is in need of renovation but has the potential to be used as a retail/office space for rental income. The 2,622+/- SF home is currently divided in 2 separate rental apartments. Unit A-1 is 3 bedroom and 2 baths; Unit B-2 is 1 bedroom and 1 bath. Rental income averages $24,000/yr. The property has Lochmere Village Water & Sewer with separate meters for the restaurant building and the house. Mixed Use zoning allows for a variety of uses. A must-see property to understand the income potential! Traffic counts of over 17,000+/- cars a day!
 
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This property offered by Kevin Sullivan of Weeks Commercial
 
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 Property Features
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 Number of Units:  Parking: On-Site,Parking Spaces 21+
 Road Frontage: Yes  Zone: Mixed Use
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Status Active
Lot Desc Level, Major Road Frontage, Neighbor Business
Property Type Commercial Sale
Road Frontage Yes
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Sq Ft Building 5786
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Zoning Mixed Use
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