40 Weirs Rd - Restaurant FOR SALE


Gilford, NH 03249
$1,500,000 USD
404-275-5290
40 Weirs Rd, Gilford, NH for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/48
null | Request Cap Rate

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40 Weirs Rd
Gilford, NH 03249


HIGHLIGHTS

  • Flexible “RC” Zoning supporting a wide range of commercial uses
  • 150± Feet of Road Frontage with high visibility on a heavily traveled corridor
  • 2± Acre Level Site with redevelopment and expansion potential
  • Ample On-Site Parking for approximately 70 vehicles
  • Utilities on-site (municipal water, sewer, electric)

OVERVIEW

Prime Lakes Region Commercial Opportunity with Lake & Marina Views | 2± Acres on High-Traffic Corridor 40 Weirs Road, Gilford, NH presents a compelling commercial opportunity in the heart of the Lakes Region. Zoned “RC,” the property allows for a wide range of potential uses, offering flexibility for investors and operators alike. Ideal for seasonal venue, restaurant, retail, or mixed-use concept The property features a unique setting with Lake views at the front, while the rear of the site abuts a private airstrip, offering an additional point of interest and visibility. Buyers should consider how these appealing characteristics align with their intended use. The site consists of approximately 2± acres with a level layout, featuring over 150± feet of road frontage and excellent signage visibility along a high-traffic corridor. Currently configured for restaurant/tavern use, the property includes seating for approximately 100 patrons across interior dining areas, an outdoor deck, patio spaces, and a dedicated bar area, many of which take advantage of the lake and marina views. The existing improvements offer a strong foundation for a restaurant concept, though updates and investment will be required to bring the space into operation. Depending on a buyer’s intended use, renovation, redevelopment, or potential teardown may be considered to fully maximize the site’s potential. Parking is well accommodated with capacity for approximately 70± vehicles. The property is being offered “as is” and includes existing restaurant infrastructure, remaining equipment, tables, and chairs—providing a value-add opportunity for investors or owner-users. Plans for a high-end, 12,720 SF, restaurant concept, including renderings and select engineering work, were previously completed and received town approval. These materials may be negotiable as part of the sale or made available with deposit and LOI. Buyers should note that any prior approvals or permits may require renewal or reapplication. Ideally located, the property offers views of Mountain View Yacht Club and Lake Winnipesaukee and is situated within walking distance of the Bank of New Hampshire Pavilion, a major concert venue generating strong seasonal traffic. The location also provides convenient access to recreational destinations, ski resorts, retail centers, and other amenities throughout the Lakes Region. All information is deemed reliable but not guaranteed. Buyers and their agents are encouraged to perform their own due diligence and verify all details.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

RC- Resort/Commercial

APN/PARCEL ID

GIFL-000223-000539

ASK ABOUT THIS PROPERTY

Maria ErnaChapman Hall, McGinn Realty, Oakstrand RealtyMore Info
404-275-5290

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Maria ErnaChapman Hall, McGinn Realty, Oakstrand RealtyMore Info
404-275-5290

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.