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376-394 Union AvenueLaconia, NH 03246Price: $2,500,000

  • Price: $2,500,000
  • 210 Days on Market
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Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
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  • $2,500,000List Price
  • 25,436Square Feet
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Listed by Reuben Bassett and Kat Johnson of KW Coastal and Lakes & Mountains Realty/Meredith
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.

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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 February 26, 2024 9:23 AM EST

 

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