1266 Union Avenue Laconia, NH $ 5,500,000
1266 Union Avenue
$ 5,500,000
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1266 Union Avenue

Laconia, NH, 03246
$ 5,500,000
Bedrooms-- Baths-- Sq 5,420

Monthly Estimate*

$ 34,313

Listed by Reed Heath, Coldwell Banker Realty Gilford NH, 603-524-2255, Reed.Heath@NEmoves.com
1266 Union Avenue, Laconia, NH 03246 - Image 1
1266 Union Avenue, Laconia, NH 03246 - Image 2
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1266 Union Avenue, Laconia, NH 03246 - Image 9
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1266 Union Avenue, Laconia, NH 03246 - Image 14
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1266 Union Avenue, Laconia, NH 03246 - Image 19
1266 Union Avenue, Laconia, NH 03246 - Image 20

Commercial Property for sale in Laconia, NH

for $5,500,000. This 5,420 square foot building was built in 1956 on a lot size of 0.87.

Positioned directly across from McDonald’s on Union Avenue in the heart of Laconia, 1266 Union Avenue presents a rare opportunity to acquire a high-yield, mixed-use waterfront investment anchored by a national credit tenant with nearly four decades of operational history and over 1,000 locations nationwide. The tenant occupies a 5,400± SF building under a strong lease with approximately 2½ years remaining and a demonstrated interest in extending. The property includes 176 feet of owned waterfront on Lake Winnipesaukee with 21 boat slips that collectively generate approximately $88,000 NNN in annual income, representing nearly $2 million in intrinsic dock value alone. This exceptional combination of secure income, prime location, and tangible asset value creates an investment profile rarely available in the Lakes Region. Adding to the upside, the City of Laconia has expressed preliminary support for a potential condominium redevelopment project consistent with the city’s ongoing revitalization of its waterfront corridor. Conceptual plans are available to qualified buyers. Furthermore, the same national tenant also occupies another nearby site at 3 Maple Street in Gilford, which may be purchased separately or as part of a two-property portfolio—a unique opportunity to own both locations leased to a proven national operator. With stable cash flow, a long-term credit tenant, and redevelopment potential in one of New Hampshire’s fastest-growing markets, 1266 Union Avenue stands as

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Commercial Active

Price

$ 5,500,000

Property Type

Commercial

Taxes

$ 0

Style

Development,Hospitality,Office,Opportunity,,Retail

Lot Size

0.87

Year Built

1956

Town/City

Laconia

County/Region

Belknap

MLS | Web ID

5066315

Features
Interior
Basement Description Concrete Full
Basement Yes
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General
Road Frontage Yes
Sewer Public
Heating Forced Air Natural Gas
Cooling Central AC
Utilities Cable Available
Roof Membrane
Flood Zone Unknown
Zoning Com
Year Built 1956
Electric 200+ Amp Service
Business Type Development Hospitality Office Opportunity Other Retail
Tax Year 2025
Status Detail 0
Covenants No
Construction Materials Wood Frame Brick Exterior Vinyl Siding
Directions Union Ave in Laconia across from McDonalds.
City Laconia
Seasonal No
DOM 50
Price Per Sq Ft Total AG 1014.76
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Exterior
Water View Yes
Lot Size Area 0.87
Water Source Public
Parking Features Paved
Water Body Name Lake Winnipesaukee
Foundation Concrete
Waterfront Property Yes
Water Body Type Lake
Water Body Access Yes
Water Access Details Deep Water Access Directly Adjoining
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* Excluded Features
List By
Reed Heath

Listing Agent

Coldwell Banker Realty Gilford Nh

Broker

(603) 524-2255

Phone

Reed.Heath@NEmoves.com

Email

Affordability Calculator

$34,313
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,313
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
10/17/2025$5,500,000 Listed Price

Map


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1266 Union Avenue, Laconia, NH, 03246 is a Commercial Property for sale at $5,500,000 with 5,420 sqft and a lot size of 0.87. 1266 Union Avenue was built in 1956. The property's zip code is 03246 which is in Laconia, NH