935 Union Ave, Laconia, NH 03246

$1,325,000

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Listing courtesy of Patrick Frazer from KW Coastal and Lakes & Mountains Realty. ()

Listing sold by from The Boulos Company

Sold Price
$1,325,000
List Price
$1,449,000

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.

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