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
November 25, 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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