376-394 Union Avenue Laconia NH Commercial For Sale $2500000

List Price: $2,500,000 | $98 per sq.ft. Commercial
Space type Under Contract Listed Monday Jul 31, 2023 | MLS# 4963518

Listing Agent Reuben Bassett, KW Coastal and Lakes & Mountains Realty/Meredith. To see this Listing:

Call 802-295-1355

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Description:

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.
Building Type : Business | Office | Other | Retail

Sale Includes : Land/Building

Features:

Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0

Propery Information:

ExteriorRoof: Flat | Rolled

Interior

Land Information

Zoned: UC
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 455
Road Frontage: 455
No. of Docks | 0.

UtilitiesHeating: Electric | Hot Air
Cooling: None
Utilities: Cable
AC % | 0.

Additional Information

Docs Available : Deed | Property Disclosure | Tax Map
Easement - Unknown
Taxes $21,486
Assesed Value Not Reported

Schools

565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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