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Old 05-21-2025, 04:26 PM   #101
Just Wonderin
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Default Pier 19 Store for sale

I hope it sells but I think it’s waaaaay overpriced at $3,500,000. I hope the sellers become more reasonable, if they’re really interested in selling. Skelley’s Market in Moultonborough sold for $1,200,000 just a little over two years ago.
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Old 05-21-2025, 06:12 PM   #102
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Quote:
Originally Posted by tis View Post
Pier 19 IS listed for sale again.

Is she still asking $3.5 million or has she dropped it?
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Old 05-21-2025, 06:58 PM   #103
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Quote:
Originally Posted by TheTimeTraveler View Post
Is she still asking $3.5 million or has she dropped it?
This listing shows active at $3.5M.

https://commercial.primemls.com/list...tworth/5041027

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Old 05-23-2025, 06:10 AM   #104
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Quote:
Originally Posted by Just Wonderin View Post
I hope it sells but I think it’s waaaaay overpriced at $3,500,000. I hope the sellers become more reasonable, if they’re really interested in selling. Skelley’s Market in Moultonborough sold for $1,200,000 just a little over two years ago.
I frequent frequent both and would guess that Skelley's is 5X or more the traffic.

Also curious from the listing--the "local hot spot" does just under $2MM/year. If profit is 5-10%, how many years is that to pay off $3.5MM?

I hope she doesn't need the $
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Old 05-23-2025, 06:50 AM   #105
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I was thinking that too, but it is lakefront property and look at the prices of houses on the lake and what they are selling for!
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Old 05-24-2025, 02:28 PM   #106
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"Lake front property"? Notice that the listing doesn't seem to list the amount of water frontage, the disputes and inhinderances surrounding it, nor the potential cost of removing the gas tanks and pumps. Thomas Tusser had a great expression for this property.
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Old 05-29-2025, 01:29 PM   #107
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Don't forget, the store is a unit of a condominium association and, the other units of the association are the boat slips which occupy 100% of the water frontage.
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Old 06-05-2025, 03:05 PM   #108
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The last gas I got from them seemed to have water in it.. I would not buy gas for your boat from them.

Last edited by knowit; 06-06-2025 at 07:33 AM.
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