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Listed by Patrick Frazer • KW Coastal and Lakes & Mountains Realty
$ 1,449,000
Est. payment | /mo
1.4 Acres Lot
$ 1,449,000
Est. payment | /mo
1.4 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5072190
Year Built 1967
Annual Tax Amount $11,898
Tax Year 2024
Lot Size 1.400 Acres
Acres 1.4
Property Description
935Union Avenue offers a rare opportunity to acquire a highly visible Lakeport commercial property in Laconia's Urban Commercial (UC) district. The ±20,100 SF building sits on a ±1.4-acre lot with ±325' of frontage along high-traffic Union Ave. The property features an expansive retail showroom, largewarehouse space, and multiple offices. The entire building is currently leased to a single tenant under a full net lease; however, the tenant only utilizes approximately half ofthe building, leaving excess space available for a future tenant, expansion, or eventual owner-user occupancy. Zoned Urban Commercial, the site allows for retail, office, medical, service, showroom, and mixed-use concepts, subject to municipal approvals. The property is also located within a Tax Increment Financing (TIF) district and may qualify for additional local tax incentives, offering meaningful upside for redevelopment or reinvestment.
Location
State NH
County Nh-belknap
Area Nh-Belknap
Zoning UC
Interior
Inclusions Land/Building
Exterior
Utilities Available Cable Available, Telephone Available
Building
Sewer Public
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Kris Labrake
REALTOR® | Lic# 070372