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$1,800,000
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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.
Full Property Details
Full Property Details for 376-394 Union Ave
General
- Sold For: $1,800,000
- Taxes: $21,486 (2022)
- Status: Closed
- Type: Retail
- Source: PrimeMLS
- MLS ID: 4963518
- Added to Site: 937 day(s) ago
Location
- County: Belknap
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Hot Air
Utilities
- Sewer: Public
Structural Information
- Roof: Flat, Rolled
- Square Feet: 25,436
- Year Built: 1910
Unit Information
- Units in Building: 27
Lot Features
- Frontage: Yes Road Frontage
- Frontage Feet: 455
- Zoning: UC
Financial Considerations
- Price Per Sq. Ft.: $70.77
- Tax Amount: $21,486
- Tax Year: 2022
Disclosures and Reports
- Documents Avail.: Deed, Property Disclosure, Tax Map
Listed by KW Coastal and Lakes & Mountains Realty/Meredith, Reuben Bassett and KW Coastal and Lakes & Mountains Realty/Meredith, Kat P Johnson
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Price & Sales History for 376-394 Union Ave
Date
Details
Price
Change
Source
12/05/2024
Sold
$1,800,000
-28%
MLS
7/31/2023
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
376-394 Union Avenue, Laconia, NH 03246 (MLS# 4963518) is a Retail property that was sold at $1,800,000 on December 05, 2024. Want to learn more about 376-394 Union Avenue? Do you have questions about finding other Retail real estate for sale in Laconia? You can browse all Laconia real estate or contact a Coldwell Banker agent to request more information.


