587 Main Street Laconia, NH $ 1,400,000
587 Main Street
$ 1,400,000
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587 Main Street

Laconia, NH, 03246
$ 1,400,000
Bedrooms-- Baths-- Sq 11,154

Monthly Estimate*

$ 8,734

Listed by Gerry OConnell, KW Coastal and Lakes & Mountains Realty/Dover, 603-610-8950, Gerry@OConnellRE.com
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Commercial Property for sale in Laconia, NH

for $1,400,000. This 11,154 square foot building was built in 1900 on a lot size of 0.13.

10.1 CAP Rate NNN Bank with Separate Drive thru Opportunity! Citizens Bank has recently committed to this location with an extension of the current term to mid-2029 and have added 3 x 5 year options to renew. This bank building located in Central downtown Laconia is a great Investment opportunity with no Landlord responsibility. The offering consists of two parcels, with the Bank building on one parcel, and the Drive thru on a separate parcel across the street. There is ample allocated bank parking at the rear with deeded spaces in a shared parking lot, and plenty of room with the 3 Lane Drive Thru. The high ceilings open up the space for great atmosphere. This is a full net lease with the Tenants responsible for all maintenance and upkeep. Lease details and available with Non-Disclosure Agreement (NDA).

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Commercial Active

Price

$ 1,400,000

Property Type

Commercial

Taxes

$ 0

Style

Investment,Office,Retail

Lot Size

0.13

Year Built

1900

Town/City

Laconia

County/Region

Belknap

MLS | Web ID

5014131

Features
Interior
Basement Description Partially Finished Interior Stairs
Basement Yes
Total Number of Units 1
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General
Road Frontage Yes
Sewer Public
Heating Hot Water Oil
Cooling Central AC
Utilities Other
Ceiling Height 12'
Roof Tar and Gravel
Zoning UC
Year Built 1900
Business Type Investment Office Retail
Tax Year 2025
Status Detail 0
Construction Materials Masonry Masonite Exterior
City Laconia
DOM 450
Price Per Sq Ft Total AG 125.52
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Exterior
Lot Size Area 0.13
Water Source Public
Foundation Brick
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* Excluded Features
List By
Gerry OConnell

Listing Agent

Kw Coastal And Lakes & Mountains Realty/Dover

Broker

(603) 610-8950

Phone

Gerry@OConnellRE.com

Email

Affordability Calculator

$8,734
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,734
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2025$1,400,000 -6.67% Price Down
9/13/2024$1,500,000 Listed Price

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587 Main Street, Laconia, NH, 03246 is a Commercial Property for sale at $1,400,000 with 11,154 sqft and a lot size of 0.13. 587 Main Street was built in 1900. The property's zip code is 03246 which is in Laconia, NH