385 Union Avenue Laconia NH Multi Family For Sale $2300000

List Price: $2,300,000 | $405 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Saturday Jan 10, 2026 | MLS# 5073613

Address: 385 Union Avenue Laconia NH
Listed by Tracy Jenkins Legacy Group/ Real Broker NH, LLC Cell: 603-832-3163
Description:
Laconia, NH - "SWEET" Investment Opportunity in the Heart of Laconia!! Welcome to a rare chance to own a highly visible mixed-use commercial property in one of New Hampshire's most beloved destination markets. Located in the heart of the Lakes Region, this property offers the perfect blend of business opportunity, lifestyle, and long-term investment potential. The 4,000± sq ft commercial-zoned building, built in 1960, features three commercial spaces and a residential apartment, making it ideal for an owner-user seeking to operate a business on-site while benefiting from additional rental income. The property is anchored by a long-established ice cream shop, a local favorite that draws steady foot traffic from both residents and the area's strong seasonal tourism. The Lakes Region is known for its year-round appeal, with Lake Winnipesaukee, Weirs Beach, boating, hiking, ski resorts, and major events all just minutes away. Laconia serves as the commercial and cultural hub of the region, welcoming visitors throughout the summer season and during popular events such as Motorcycle Week, fall foliage season, and winter recreation. For an owner-operator, this property presents exciting potential to expand and enhance the ice cream business -- including extended seasonal hours, specialty offerings, private events, branded merchandise, or partnerships with local attractions. The additional commercial units provide flexibility for retail, office, or service-based uses, while the on-site apartment offers options for owner occupancy, long or short-term rental use. With excellent visibility on Union Avenue, convenient access to downtown Laconia, and strong community presence, this property offers a unique opportunity to own a business, create a lifestyle, and build long-term value in one of New Hampshire's most sought-after regions. Strong tenants in place with excellent history. No sign on the property. Please do not park onsite and walk the property.

Annual Expenses

Taxes: $5,676

Income

UNIT 3 INFORMATION

Beds: 2
Baths: 1
Level: 2
Signed Lease : Yes
Status : Vacant

Construction: Wood Frame | Vinyl Siding | Wood Siding
Year Built: 1960
Style: Contemporary
Floors | Stories: 1.5
No. Elevators:
Total Sq.Ft. Finished: 6852
Above Grade Sq.Ft.: 5679
Basement: Unfinished

Exterior Color: Yellow
Roof: Asphalt Shingle
Seasonal: No

Heating: Natural Gas | Forced Air | Heat Pump | Hot Water
Cooling: Central AC
Electric: On-Site
Utilities: Other
Electric Meters: 4
Water: Public
Sewer: Public

Land Information
In Town | Near Shopping | Near Skiing | Near Railroad | Near Hospital
Lot size: 0.34 acres
Zoned: UC)
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 120
Driveway: Paved

Additional Information
Docs Available : Deed | Property Disclosure | Tax Map
Block - 220
Taxes $5,676
Assesed Value Not Reported

Schools
School District: Laconia Sch Dst SAU #30
Elementary School: Elm Street Elementary School
Middle School: Laconia Middle School
High School: Laconia High School

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942
CONTACT STAR

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 19th, 2026

Licensed Real Estate Broker in NH and VT read more ...

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents.Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

Web Sites Designed and Hosted by Business Services Consultants.