83 Center Street, Wolfeboro, NH, 03894 | $629,000

On the isthmus between Back Bay on Lake Winnipesaukee and Crescent Lake lies one of the most tranquil commercial spots in downtown Wolfeboro. A true two unit with possible room for expansion, 83 Center Street has been the home to THE LAKER family of publications for 20 years. “We’re devastated to leave this property, ” says the owner, “but company growth has forced us into a larger location. ” Unit 1 is 960+/- square feet with a ¾ bath and radiant heat flooring which offers a wide-open workspace that was once a yoga studio; It was also once the Wolfeboro Falls post office. Unit two has 4 rooms with a half bath and is 700+/- square feet. Situated about fifty feet from the Bridge Falls Path, this location allows staff and owners to take a brisk or leisurely walk after lunch, or just sit and watch the Smith River flow by. You’ll be amazed at the plethora of wildlife, including ducks, beavers, loons, herons, bald eagles, white tailed deer and more. Located on the heavily traveled Route 28, your business will benefit from superior exposure with an average of 7000 cars a day passing by. With 176’ of water frontage and parking for up to ten cars, the space at 83 Center Street might just be the best place to physically go to work in Wolfeboro.

Features

  • Property Type: Investment,Office,Retail
  • Parking: Parking Spaces 1 - 10
  • Zoning: commercial Industrial
  • Frontage: 964
  • Year Built: 1960
  • Acreage: 0.15
  • Est. Taxes: $3,212
  • MLS#: 4989076
  • Website: https://www.raveis.com
    /prop/4989076/83centerstreet_wolfeboro_nh?source=qrflyer
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Listing courtesy of Maxfield Real Estate/Wolfeboro   Phone: 603-569-3128
Listing Agent: Jon Parker

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83 Center Street, Wolfeboro, NH, 03894

$629,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $503,200 $503,200 $503,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $268 $268 $268
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,348 $3,344 $4,244
Total Monthly Payment $3,708 $3,704 $4,604

* 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.