List Price: $2,500,000 | $98 per sq.ft. Commercial
Space type
Under Contract Date Listed Monday Jul 31, 2023 | MLS# 4963518
Space type
Under Contract Date Listed Monday Jul 31, 2023 | MLS# 4963518
To see this Listing
Address: 376-394 Union Avenue Laconia NH
Listed by Reuben Bassett KW Coastal and Lakes & Mountains Realty/Meredith
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
Listed by Reuben Bassett KW Coastal and Lakes & Mountains Realty/Meredith
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
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1910
Wood Frame | Brick Exterior | Clapboard Exterior
Price Per SQ.FT. 98.29 No. of Units: 27
Building Size : 25436
Building Type: Business | Office | Other | Retail
Year Built: 1910
Wood Frame | Brick Exterior | Clapboard Exterior
Price Per SQ.FT. 98.29 No. of Units: 27
Building Size : 25436
Building Type: Business | Office | Other | Retail
ExteriorRoof: Flat | Rolled
Interior
Land Information
Zoned: UC
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 455
Road Frontage: 455
No. of Docks | 0.
UtilitiesHeating: 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
Docs Available : Deed | Property Disclosure | Tax Map
Easement - Unknown
Taxes $21,486
Assesed Value Not Reported
Schools
