Commercial for Sale: 376-394 Union Avenue, Laconia, NH 03246 SOLD

$1,800,000
$1,800,000
376-394 Union Avenue, Laconia, NH 03246 SOLD
$1,800,000
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Selling Price: $1,800,000
Original List Price: $2,500,000
Sold at 72.0% of list price
Sold Date: 12/05/2024

Type Commercial
Year Built 1910

City Laconia
County Belknap

MLS 4963518
Status Closed
DOM 105 days
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.

Lot & Building Features

Utilities Cable
Construction Brick Exterior, Wood Frame, Clapboard Exterior
Cooling None
Heating Electric, Hot Air
Sewer Public
Tax Year 2022
Water Public
Foundation Concrete
Lot Description City Lot, Level
Roof Flat, Rolled

Price History of 376-394 Union Avenue, Laconia, NH

Date Name Price Difference
07/31/2023 Listing Price $1,800,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 376-394 Union Avenue, Laconia, NH

Location Map Street View
Photo of Janet Gillis
Janet Gillis
REALTOR®
Direct: 339-933-0932
Office
Marshfield, MA
339-933-0932
Listed by KW Coastal and Lakes & Mountains Realty/Meredith, Reuben Bassett & Kat Johnson
Sold by Coldwell Banker Realty Gilford NH, Reed Heath
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1%
6.75%
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Monthly HOA
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PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: KW Coastal and Lakes & Mountains Realty/Meredith

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/26/2024