Wolfeboro on Lake Winnipesaukee is need of Luxury Lodging
Investment Opportunity walking distance to downtown with over 2200 feet of shoreline on 3.7 acres located on Winnipesaukee's Back Bay. Level lot with sunsets offering a perfect location for hotel/lodging/condos to commercial shops. Public water/sewer and electric are at the street. Wolfeboro is the Oldest Summer Resort in the United States. The Quaint New England Town has plenty of charm and downtown is located on the shores of Lake Winnipesaukee.
Wolfeboro’s Economic Development Committee (EDC) study reveals the town is losing overnight stays to other communities such as the Holiday Express in Rochester and Mills Falls in Meredith. There are many existing lodging options in Wolfeboro, but the price point, availability, quality, amenities, etc. do not meet the need. In Spring of 2015, WEDCO hired a consultant to do a Lodging Feasibility Study. The results confirmed what the Committee suspected. We are losing overnight stays which also results in visitors shopping and dining elsewhere.
The study found that a boutique hotel would work well in this market, and provides projections for a new construction upper mid-level segment hotel. It would be best located in the downtown core an area which also encompasses Back Bay area. This area has municipal water/sewer and would allow guests to walk to go shopping, dining and take advantage of recreational opportunities.
Wolfeboro has no big box stores, franchises or tacky fluorescent signs. The main street is dotted with bookstores, art galleries, cafés, pubs, bistros, and restaurants. There are unique shops, some with local products.
Send us an e-mail and we will send you the study and full listing package! Priced to sell at $2,115,000
Contact Paula Hinckley 603-566-6608 or Carl Sack 603-566-2386 For information on Lake Winnipesaukee homes and land call Lady of the Lake Realty at 1-888-737-5550 or e-mail at firstname.lastname@example.org or visit our website to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.
Contact Paula Hinckley or Carl Sack today. #nhlakesrealty Feb. 2017