(603)-770-4079

Realtors Licensed in New Hampshire, Maine, Massachusetts, Rhode Island, Alabama and Florida.

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$5,500,000
3 Days On Site

1266 Union Avenue
Laconia, NH 03246

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
5,420
SqFt
$1,015
/SqFt
1956
Built
County:
NH-Belknap
Listing courtesy of Reed Heath of Coldwell Banker Realty Gilford NH Off: 603-524-2255

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603-770-4079
1266 Union Avenue1266 Union Avenue1266 Union Avenue1266 Union Avenue
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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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Listing Snapshot
Price 
$5,500,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,420 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.87 Acres
Year Built 
1956
MLS® Number 
5066315
Status 
Active
Property Tax 
$23,033
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.87
Parking 
Paved
Sewer 
Public Sewer
SqFt Total 
5420
Utilities 
Cable Available
Water Source 
Public
Zoning 
Com
Interior Features
Basement 
FullConcrete
Cooling 
Central Air
Electric 
200+ Amp Service
Heating 
Forced Air
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Exterior Features
Construction Details 
BrickVinyl Siding
Lot Features 
Waterfront
View 
Water
Waterfront 
Yes
Waterfront Features 
Lake
Waterview 
Water
Listing courtesy of Reed Heath of Coldwell Banker Realty Gilford NH Off: 603-524-2255



Copyright 2025, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-10-21 05:45 PM UTC
Neighborhood & Commute
Source: Walkscore
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