935 Union Ave - Industrial FOR SALE


Laconia, NH 03246
$1,449,000 USD
603-781-9069
935 Union Ave, Laconia, NH for Sale
$1,449,000 USD
Industrial - FOR SALE
1/38
null | 6.86% Cap Rate

935 Union Ave
Laconia, NH 03246


HIGHLIGHTS

  • High Traffic area in the Lakes Region
  • Great visibility
  • Lake view

OVERVIEW

935 Union Avenue offers a rare opportunity to acquire a highly visible commercial property in Laconia’s Urban Commercial (UC) district. The ±20,100 SF building sits on a ±1.4-acre lot with strong frontage along high-traffic Union Ave and scenic views of Lake Winnipesaukee, making it well suited for a wide range of commercial uses. The property features an expansive retail showroom, large warehouse space, and multiple offices. The entire building is currently leased to a single tenant under a full net lease; however, the tenant only utilizes approximately half of the building (warehouse), leaving excess space available for a future tenant, expansion, or eventual owner-user occupancy. Zoned Urban Commercial, the site allows for retail, office, medical, service, showroom, and mixed-use concepts, subject to municipal approvals. The property is also located within a Tax Increment Financing (TIF) district and may qualify for additional local tax incentives, offering meaningful upside for redevelopment or reinvestment.

FOR SALE DETAILS

PRICE

$1,449,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

6.86%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

R&D, undefined, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41

LAND SF

61,369

ZONING

UC

APN/PARCEL ID

LACO-000350-000220-000043

ASK ABOUT THIS PROPERTY

Patrick FrazerGO Commercial Real EstateMore Info
603-781-9069

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Patrick FrazerGO Commercial Real EstateMore Info
603-781-9069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.