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Listed price in listed location currency (USD).
$5,500,000

000

MLS® 5066315

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 73
Approx. Age 1956
MLS® Number 5066315

Property Address: 1266 Union Ave, Laconia, NH, 03246-2125

Average square foot calculated using Size range provided by listing agent.

Description

Positioned directly across from McDonald’s on Union Avenue in the heart of Laconia, 1266 Union Avenue presents a rare opportunity to acquire a high-yield, mixed-use waterfront investment anchored by a national credit tenant with nearly four decades of operational history and over 1, 000 locations nationwide. The tenant occupies a 5, 400± SF building under a strong lease with approximately 2½ years remaining and a demonstrated interest in extending. The property includes 176 feet of owned waterfront on Lake Winnipesaukee with 21 boat slips that collectively generate approximately $88, 000 NNN in annual income, representing nearly $2 million in intrinsic dock value alone. This exceptional combination of secure income, prime location, and tangible asset value creates an investment profile rarely available in the Lakes Region. Adding to the upside, the City of Laconia has expressed preliminary support for a potential condominium redevelopment project consistent with the city’s ongoing revitalization of its waterfront corridor. Conceptual plans are available to qualified buyers. Furthermore, the same national tenant also occupies another nearby site at 3 Maple Street in Gilford, which may be purchased separately or as part of a two-property portfolio—a unique opportunity to own both locations leased to a proven national operator. With stable cash flow, a long-term credit tenant, and redevelopment potential in one of New Hampshire’s fastest-growing markets, 1266 Union Avenue stands as
MLS® Number5066315
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1956
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 17, 2025List Date
$5,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1266 Union Ave, Laconia, NH

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