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$2,300,000 Just Listed
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Property Description
Laconia, NH - "SWEET" Investment Opportunity in the Heart of Laconia!! Welcome to a rare chance to own a highly visible mixed-use commercial property in one of New Hampshire's most beloved destination markets. Located in the heart of the Lakes Region, this property offers the perfect blend of business opportunity, lifestyle, and long-term investment potential. The 4,000± sq ft commercial-zoned building, built in 1960, features three commercial spaces and a residential apartment, making it ideal for an owner-user seeking to operate a business on-site while benefiting from additional rental income. The property is anchored by a long-established ice cream shop, a local favorite that draws steady foot traffic from both residents and the area's strong seasonal tourism. The Lakes Region is known for its year-round appeal, with Lake Winnipesaukee, Weirs Beach, boating, hiking, ski resorts, and major events all just minutes away. Laconia serves as the commercial and cultural hub of the region, welcoming visitors throughout the summer season and during popular events such as Motorcycle Week, fall foliage season, and winter recreation. For an owner-operator, this property presents exciting potential to expand and enhance the ice cream business - including extended seasonal hours, specialty offerings, private events, branded merchandise, or partnerships with local attractions. The additional commercial units provide flexibility for retail, office, or service-based uses, while the on-site apartment offers options for owner occupancy, long or short-term rental use. With excellent visibility on Union Avenue, convenient access to downtown Laconia, and strong community presence, this property offers a unique opportunity to own a business, create a lifestyle, and build long-term value in one of New Hampshire's most sought-after regions. Strong tenants in place with excellent history. No sign on the property. Please do not park onsite and walk the property.
Full Property Details
Full Property Details for 385 Union Ave
General
- Price: $2,300,000
- Taxes: $5,676 (2025)
- Status: Active
- Type: Commercial Investment
- Source: PrimeMLS
- MLS ID: 5073615
- Updated: 1/12/2026
- Added to Site: 5 day(s) ago
Parking
- Parking: On-Site, Parking Spaces 1 - 10, Parking Spaces 11 - 20, Paved
Location
- County: Belknap
- Driving Directions: North on Union Avenue, past high school on right-hand side.
Heating & Cooling
- Cooling Type: Central AC, Other
- Heating Type: Forced Air, Heat Pump, Hot Water, Natural Gas
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Square Feet: 6,852
- Finished Total: 5,679 Sq. Ft.
- Year Built: 1960
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810
- Frontage: Yes Road Frontage
- Frontage Feet: 120
- Zoning: UC
Financial Considerations
- Price Per Sq. Ft.: $335.67
- Tax Amount: $5,676
- Tax Year: 2025
Timeshare
- Fractional Own: Unlimited
Disclosures and Reports
- Documents Avail.: Deed, Property Disclosure, Tax Map
Listed by Legacy Group/ Real Broker NH, LLC, Tracy Jenkins
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Schools
Schools serving 385 Union Ave
School District:Laconia School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 385 Union Ave
Date
Details
Price
Change
Source
1/10/2026
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 385 Union Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,402
19%
$396,300
22%
2023
$4,521
—
$325,000
7%
2022
$4,513
-16%
$303,900
7%
2021
$5,351
-4%
$283,700
—
2020
$5,595
-1%
$283,700
3%
2019
$5,648
2%
$274,300
4%
2018
$5,511
1%
$264,300
2%
2017
$5,459
-7%
$259,600
-2%
2016
$5,890
—
$265,300
—
2015
$5,912
-1%
$266,300
—
2014
$5,958
-28%
$266,000
-29%
2013
$8,245
—
$373,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 385 Union Ave
385 Union Avenue, Laconia, NH 03246 (MLS# 5073615) is a Commercial Investment property. 385 Union Avenue is currently listed for $2,300,000 and was received on January 10, 2026. Want to learn more about 385 Union Avenue? Do you have questions about finding other Commercial Investment real estate for sale in Laconia? You can browse all Laconia real estate or contact a Coldwell Banker agent to request more information.

