376-394 Union AVE Under Contract

Laconia,NH 03246

$ 2500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business,Office,Other,Retail

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4963518

Year Built 1910

Annual Tax Amount $21,486

Tax Year 2022

Property 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.

Location

State NH

County Nh-belknap

Area Nh-Belknap

Zoning UC

Interior

Heating Electric

Cooling None

Inclusions Land/Building

Exterior

Utilities Available Cable

Waterfront No

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Flat,Rolled

Building

Foundation Concrete

Sewer Public

View More
Favorite Go Tour