List Price: $975,000 | $132 per sq.ft. Commercial
Space type
Date Listed Friday Jan 3, 2025 | MLS# 5025676


Address: 588 Endicott Street North Laconia NH
Listed by Shannon Casey KW Coastal and Lakes & Mountains Realty/Meredith
Description:
Exceptional Investment Opportunity in the Lakes Region- Discover the remarkable potential of this mixed-use building situated in the heart of the Lakes Region, just minutes from the iconic Weirs Beach. This prime real estate offering includes five fully rented residential units, providing a reliable income stream, in addition to one commercial unit and 20 storage units that enhance revenue opportunities. Nestled within the resort commercial zone, this property features outstanding road frontage and unparalleled visibility, making it an ideal location for various business ventures or a strategic investment. Ample parking is available, ensuring convenience for both residents and customers, effectively serving the needs of residential and commercial tenants alike. The residential units are in excellent condition and have received numerous upgrades, offering modern living environments. With its prime location, you're just moments away from Meredith Bay, the picturesque Lake Winnipesaukee, and an array of amenities the Lakes Region is renowned for--encompassing shopping, dining, and recreational activities. This is a unique opportunity to acquire a well-maintained property, promising consistent rental income while situating you in a highly desirable and rapidly redeveloping area. Seize the chance to invest in a thriving community rich with possibilities. Don't delay--make this property your next successful venture!
Building Type : Business | Multi-Family

Sale Includes : Land/Building

Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1973
Wood Frame
Price Per SQ.FT. 131.61 No. of Units: 26
Building Size : 7408
Building Type: Business | Multi-Family

ExteriorRoof: Shingle - Asphalt

Interior

Land Information

Lot size: 0.94 acres
Zoned: CR
Road Frontage: 201
Road Frontage: 201
No. of Docks | 0.

UtilitiesHeating: Forced Air | Oil
Cooling: Central AC
Utilities: Cable
AC % | 0.

Additional Information
Docs Available : Deed | Property Disclosure | Tax Map
Taxes $8,967
Assesed Value Not Reported
Schools

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