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Northwood Commercial Properties

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275 Jenness Pond Road Northwood NH 03261

MLS Number 4988943

  • Commercial
  • Year Built 1891
  • Square Feet 26,447
  • Acreage 5.03
  • PricePerSqFt 103.98

Welcome to Lake Shore Farm Inn, an extraordinary real estate opportunity nestled in the charming town of Northwood. This idyllic waterfront property, with 1250 feet of shoreline, presents a rare chance to own a magnificent retreat that seamlessly combines natural beauty, tranquility, and exceptional investment potential. The Inn exudes charm with a mix of timeless character and modern upgrades. The Original Inn, built in 1891, has 12 guest rooms, 4 doubles, 3 dining rooms, a commercial kitchen and inn-keepers' quarters. The Dembling bldg, 8 guest rooms and Tavern was added in the 1960s along with the Annex with 8 rooms overlooking the lake. 28 full baths. In 1972, after the tavern fireplace was added, the two buildings were joined to the Inn. With its expansive lawn and waterfront location the property was meant to entertain. The current owner has painstakingly renovated over the last 4 years. In 2022 the event center was turned into a 3750 SF Ranch overlooking the lake. Potential: Owners' quarters, Health and Wellness Retreat or Airbnb. The current owner is ready to retire and hopes the next investor will continue improving the property. The Inn is currently only partially opened and does not have employees. The restaurant and tavern could be reopened for substantial additional revenue stream. In addition, hosting weddings again would increase income.. This truly could be a waterfront destination that guests will return to.

Listed by Lisa Brochu of BHHS Verani Londonderry

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Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 18, 2024 10:09 PM EDT

 
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