Condominium Development Opportunity-South Bay Resort

Tilton, NH (Belknap County)

Condominium Development Opportunity-South Bay Resort

Asking Price:$595,000

Cash Flow:N/A

Gross Revenue:N/A





Condominium Development Opportunity-South Bay Resort

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Business Description

With its fabulous south-eastern exposure and expansive water views, this approved condominium property consists of a two story main house with an interior of four units three of which have been tastefully renovated and one separate office unit. Condominium documents are recorded and approved for 25 condo/cottages. Roads, water, sewer and electric service are in place. A seasonal swimming pool is designed for the property and is part of the site plan.
The 5+/- acre real estate, zoned Resort/Commercial, located on Route 3 in Tilton, NH, is rectangular in shape and is gently sloping to take advantage of the fabulous Lake Winnisquam views. Across Rte 3 is 75 ft. designated State of NH water access. A dock or mooring field could be applied for with the State. Area boat launches are nearby for watersport enjoyment. This opportunity is ready for a new owner to bring energy and creativity to grow the resort from its well established base. Are you considering a 1031 Exchange?

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Robert Ehrenberg

Business Listed By:
Robert Ehrenberg

The Business Connection, Inc

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