Listed by Reuben Bassett with KW Coastal and Lakes & Mountains Realty/Meredith 603-569-4663

Under contract

376-394 Union Avenue

Laconia NH, 03246

$2,500,000


$98.29 per sqft

Under contract

27 Baths

25,436 sqft

Commercial

Built in 1910

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.

4963518

MLS ID

July 31, 2023

Listed

October 3, 2024

Updated

Map

376-394 Union Avenue
Laconia NH, 03246

Interior Features

Total Bathrooms

27


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Hot Air, Electric

Exterior/Building Features

Roof

Flat, Rolled


Sewer

Public

Other Property Details

Area Name

NH-Belknap


Taxes

$21,486


Tax Frequency

Annually


Days on Market

105


Garage

No


View

No


Pool

No

Listing History

Date

Event

Price

9/10/2024

Under contract

Listed by Reuben Bassett with KW Coastal and Lakes & Mountains Realty/Meredith 603-569-4663

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