546-566 Main Street Laconia, NH

Retail-Commercial for Sale
Catylist Listing ID: 30798552
Property Subtypes: Mixed Use, Tavern/Bar/Nightclub
Building Size (RSF): 36,430 SF
Gross Land Area: 0.49 Acres
Sale Price: $1,400,000
Unit Price: $38.43 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Usable Size (USF): 23,952 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/2/2022

Overview / Comments

Landmark investment income property located in the heart of the up-and-coming Downtown Laconia. Business-retail-entertainment area, featuring approximately 29,000 sqft. Finished retail space, which currently has a tenant mix of 3 units, including Family Dollar, Empire Beauty Schools, and The Whiskey BarrelEntertainment Venue. All parking is city-owned, plowed, and maintained, which includes lighting. Public parking spaces of approximately 100 are on one side of the building, while another approximate 190 spaces are on the other side of the building. Located in the heart of the Lakes Region and close to Outlets Malls, restaurants, minutes to Gunstock Rec./Ski Area, Bank of New Hampshire Meadowbrook Concert Pavilion, and only 500' away from Laconia's newly remodeled and restored Colonial Theatre. Additional information available after the buyer/buyer's agent complete a non-disclosure form.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $19,097 (Annual)

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 442-142-4
Zoning: UC
Retail Clientele: General
Feet of Frontage: 430
Site Description: City Lot, Interior Lot, Level, Major RoadFrontage, Neighbor Business, Sidewalks, Street Lights
Area Description: Business District, Commercial Zoning, InTown, Near Shopping, Neighborhood, Near Hospital
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Year Built: 1969
Construction/Siding: Brick
Total Parking Spaces: 290
Parking Type: Structure, Other
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Lot Frontage: 430
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,724 19,347 26,076
Median Age: 37.69 42.99 43.56
Households: 2,861 8,062 10,920

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