$ 2,500,000
376-394 Union AVE Laconia, NH 03246
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Listed by Reuben Bassett • KW Coastal and Lakes & Mountains Realty/Meredith
$ 2,500,000
Est. payment | /mo
$ 2,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Business,Office,Other,Retail
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4963518
Year Built 1910
Annual Tax Amount $21,486
Tax Year 2022
Property Description
Union Square is a commercial condominium association located in the heart of Laconia. Offered for sale is 376-394 Union Avenue, which is made up of 27 individual condo units in five separate buildings conveniently situated on Union Avenue near the high school. Some of the units are up to date and renovated and currently leased. Other units need moderate updates to be ready to go, and others are a blank slate stripped down to the studs. Two of the condos are currently rented out as residential units. All of these units are located in the UC zone which allows for a wide range of permitted uses as well as allows for performance zoning qualification , which can be a very powerful tool. The association has a considerable amount of shared parking. The current owner had the vision for this property back in the 1980's to move buildings and design the layout. They are looking to sell all the units at once, and are ready for the property to move on to the next owner to take it to the next level and to be another piece of advancement for the great strides Laconia is continuing to make.
Location
State NH
County Nh-belknap
Area Nh-Belknap
Zoning UC
Interior
Heating Electric
Cooling None
Inclusions Land/Building
Exterior
Utilities Available Cable
Waterfront No
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Flat,Rolled
Building
Foundation Concrete
Sewer Public
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