Versatile Investment Opportunity

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30859989
Property Subtypes: Mixed Use, Office Building, Other
Status: Pending/Contingent
Building Size (RSF): 3,370 SF
Gross Building Area: 6,660 SF
Gross Land Area: 0.38 Acres
Sale Price: $675,000
Unit Price: $200.30 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2023

Overview / Comments

This 1860s property is a versatile investment opportunity. It has a range of approved uses, such as a boarding house, veterinary/kennel, personal service, arts center, healthcare facility, professional office, financial institution, emergency housing, eating & drinking establishment, and multi-family applications. Its prime corner location is next to the Laconia District Court, walking distance to downtown and within close proximity to Routes 3 & 11. The property's double lot allows for expansion and ample parking, making it ideal for various businesses. In summary, this property combines historical charm, adaptability, strategic location, and expansion potential, making it an attractive investment or utilization opportunity.

Additional Details

Nearest MSA: Laconia
County: Belknap
Taxing Authority: Laconia
Tax ID/APN: LACO-000449-000001-000033
Zoning: UC
Property Visibility: Excellent
Highway Access: Easy access from US-3N to I-93
Airports: Manchester/Boston Regional Airport
Site Description: Strategically located within walking distance to area amenities. Large open lot for parking and/or potential expansion.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1860
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Heat Type: Oil
Lot Frontage: 70
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 3242/0877

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,724 18,622 26,076
Median Age: 38.66 42.59 43.56
Households: 3,309 7,850 10,920


Photograph of Listing Agent

Kristine LaPorte

KW Commercial, NH NECPE Member
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