List Price: $4,900,000 Commercial
Space type Amusement/Recreation,Lodging,Retail Condo
Date Listed Tuesday Apr 21, 2015 | MLS# 4414981


Address: 76 Endicott Street Village of Weirs Beach in Town of Laconia NH
Listed by Russell Poirier RE/MAX Innovative Bayside Cell: 603-493-0013
Description:
Directly across the street from the most recognized sign in the entire state of New Hampshire! Largest land parcel zoned C-R in the heart of Weirs Beach. This may be the best development site in the entire state. 12.62 acres in the T.I.F. district with the possibility to subdivide. Extremely high visibility. C-R zoning allows a variety of commercial and residential uses. (See attached Permitted Uses). Perfect resort hotel or condo site - renderings available. Perfect 1031 exchange - full presentation offered to realtors, investors & developers. Develop your ideas on this iconic site. 100% construction financing available at interest only for as long as 3 to 5 years, offered by two major commercial banks. Year-round additional income. Other income sources include land leases, vendor leases, event leases, etc. Financials available on request. The paved portion of the entire site is less than 5 acres. The balance of the 12.62 acres is wooded.
Location : Business District

Building Type : Development | Investment

Disability Features : No Stairs from Parking | Paved Parking

Misc : Additional Outbuildings | Fence - Full

Sale Includes : Additional Buildings | Land/Building | Other

Features
Signage: Adequate
Transport Info: City Street | Major Road Access | Near Airport | Rail Available | State Highway | Paved
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1948
Wood Siding
Price Per SQ.FT. 0.00 No. of Units: 0
Building Size : 0
Available SQFT : 0
Building Type: Development | Investment

Exterior

Interior

Land Information

Lot size: 12.62 acres
Zoned: CR
Surveyed: Yes
Flood Zone: Unknown
Road Frontage: 78
Garage And Parking: On-Site | Paved
Road Frontage: 78
No. of Docks | 0.

UtilitiesUtilities: Cable - Available
AC % | 0.

Additional Information
Taxes $15,980
Assesed Value Not Reported
Schools

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