$1,999,000

About this home

Mixed-use investment and redevelopment opportunity in a highly visible Laconia location. This rare offering includes three properties — 341 S. Main Street, 5 Pine Street, and 9 Pine Street — combining a commercial parcel with two income-producing multifamily buildings on a corner lot with a total of 295.6 feet+/- of road frontage. The package provides multiple income streams, strong visibility, and future redevelopment potential. 341 S. Main Street offers outstanding exposure coming off Rte 107 onto Rte 106 that flows into Rte 3 and the downtown corridor, that gives you approximately 13,000–15,000 traffic count per day, excellent signage potential, and flexible use zoning within Laconia’s Urban Commercial District. The commercial building is well-suited for owner-users, investors, contractors, service businesses, or future redevelopment with city water and sewer set on a perfectly level lot, two overhead doors, epoxy flooring, sales. The residential portion includes 5 Pine Street, featuring six units, and 9 Pine Street, being a two-family home. The residential units have seen updates, offering immediate rental income and reduced near-term capital expenditure for investors. With commercial frontage, existing rental income, and walking distance to shopping, restaurants, entertainment, and convenient access to downtown Laconia, Belmont, Gilford, and surrounded by Lake Winnisquam, Lake Opechee, and Lake Winnipesaukee. this is a unique opportunity to acquire a mixed-use portfolio or bring your commercial business here. The possibility exists to purchase 3 adjoining lots to increase the lot size by 1.36 acres. Real estate only, business operations are not included in the sale.

Property details

MLS #

5096513

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

50

On market date

N/A

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.54 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).