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Listed by Pamela Hughes • Waterfield Realty & Management LLC
$ 4,000,000
Est. payment /mo
Active
686-716 Union AVE Laconia, NH 03246
16,364 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,364 sqft
Price per Sqft $244
MLS Listing ID 5076627
Construction Status Existing
Year Built 1850
Lot Size 1.080 Acres
Acres 1.08
Property Description
Welcome to Lakeport Plaza - a 28 Unit Multi Family & commercial building complex. With three buildings across a 1.08 acre parcel, this property 26 residential units, including 7 newly constructed, and two commercial units. First building is brick with integrated apartments; the second building provides two leased commercial spaces in addition to residential units. Third building also comprises multiple units. Situated on a high traffic count road, the location experiences daily traffic volume of 15,000 to 20,000 vehicles, excluding peak seasons. The property features ample parking for residents and commercial businesses, along with quick access to the WOW walking trail that leads to downtown Laconia. This represents an excellent investment opportunity to invest in the rapidly improving Lakeport area of Laconia. This property can be sold individually, or as part of a 51-unit portfolio, all buildings of which are location in Laconia.
Location
State NH
County Nh-belknap
Area Nh-Belknap
Zoning multi family, commercial
Rooms
Basement Entrance Interior
Basement Concrete, Finished, Gravel, Slab, Interior Access, Basement Stairs
Interior
Cooling Mini Split, Wall AC Units
Exterior
Utilities Available Gas at Street, Other
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public
Architectural Style Apartment Building, Contemporary, Multi-Family, Multi-Level, Other
Construction Status Existing
