List Price: $4,900,000 | 12.62 Acres | Price Per Acre $0 Land


Date Listed Tuesday Apr 21, 2015 | MLS# 4645783



Address: 76 Endicott Street Village of Weirs Beach in Town of Laconia NH
Listed by Russell Poirier RE/MAX Innovative Bayside russp@remax.net
Description:
Directly across the street from the most recognized sign in the entire state of New Hampshire! Largest land parcel zoned C-R in the heart of Weirs Beach. This may be the best development site in the entire state. 12.62 acres in the T.I.F. district with the possibility to subdivide. Extremely high visibility. C-R zoning allows a variety of commercial and residential uses. (See attached Permitted Uses). Perfect resort hotel or condo site - renderings available. Perfect 1031 exchange - full presentation offered to realtors, investors & developers. Develop your ideas on this iconic site. 100% construction financing available at interest only for as long as 3 to 5 years, offered by two major commercial banks. Year-round additional income. Other income sources include land leases, vendor leases, event leases, etc. Financials available on request. The paved portion of the entire site is less than 5 acres. The balance of the 12.62 acres is wooded.
Land Description: Near Railroad | Fenced

Land Description
Lot Size: 12.62 acres
SuitableUse: Bed and Breakfast | Commercial | Development Potential | Mixed Use | Other | Recreation | Residential
Zoned: CR)
Surveyed: Yes
Flood Zone: Unknown
Land Services
Roads: Paved | Public
Road Frontage: 78
Electric: On-Site
Water: Public
Sewer: Public
Additional Information
Docs Available : Deed | Property Disclosure
Block - 252
Taxes $15,980
Assesed Value Not Reported
Schools
School District: Laconia Sch Dst SAU #30

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