385 Union Avenue Laconia, NH $ 2,300,000
385 Union Avenue
$ 2,300,000
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385 Union Avenue

Laconia, NH, 03246
$ 2,300,000
Bedrooms2 Baths2.0 Sq 5,679

Monthly Estimate*

$ 14,161

Listed by Tracy Jenkins, Legacy Group/ Real Broker NH, LLC, 603-832-3163, tracy@nhlegacygroup.com
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Multi-Family Home for sale in Laconia, NH

for $2,300,000 with 2 bedrooms and 2 full baths. This 5,679 square foot home was built in 1960 on a lot size of 0.34.

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 without listing agent.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.34

Year Built

1960

Town/City

Laconia

County/Region

Belknap

MLS | Web ID

5073613

Features
Interior
Basement Description Unfinished
Basement Yes
Flooring Concrete Laminate
Total Number of Units 4
Total Full Baths 0
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General
Road Frontage Yes
Sewer Public
Heating Natural Gas Forced Air Heat Pump Hot Water
Cooling Central AC
Utilities Other
Roof Asphalt Shingle
Garage Yes
Flood Zone Unknown
Zoning UC
Year Built 1960
Electric On-Site
Style Contemporary
Stories Count 1.5
Construction Status Existing
Block 220
Tax Year 2026
Status Detail 0
Covenants Unknown
Construction Materials Wood Frame Vinyl Siding Wood Siding
Directions North on Union Avenue past high school on right-hand side.
High School Laconia High School
City Laconia
School District Laconia Sch Dst SAU #30
Seasonal No
Elementary School Elm Street Elementary School
Middle School Laconia Middle School
DOM 0
Price Per Sq Ft Total AG 405
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Exterior
Lot Features In Town Near Shopping Near Skiing Near Railroad Near Hospital
Driveway Paved
Lot Size Area 0.34
Water Source Public
Garage Capacity 1
Foundation Concrete Poured Concrete
Lot 54
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* Excluded Features
List By
Tracy Jenkins

Listing Agent

Legacy Group/ Real Broker Nh, Llc

Broker

(603) 832-3163

Phone

tracy@nhlegacygroup.com

Email

Affordability Calculator

$14,161
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,161
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
1783473 Elementary School
1007388 Middle School
Laconia High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2026$2,300,000 Listed Price

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385 Union Avenue, Laconia, NH, 03246 is a Multi-Family Home for sale at $2,300,000 with 5,679 sqft and a lot size of 0.34. 385 Union Avenue has 2 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 03246 which is in Laconia, NH