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686-716 Union Ave Laconia, NH 3246

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For Sale
$4,000,000

28-unit multifamily and commercial complex in rapidly improving Lakeport area.

Type:Investment
Lot size:
1.08 Acres
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 7:49 pm

Property Features for 686-716 Union Ave

General Information

Standard status
Active
Lot size
1.08 Acres
Property subtype
Investment

Building Details

Year Built
1850

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Listing Contact
Pamela Hughes

Listing agent Pamela Hughes

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Pamela Hughes


Overview

Lakeport Plaza Multifamily & Commercial Complex

Lakeport Plaza is a complex featuring 28 units, including 26 residential units, with 7 newly constructed, and two commercial units. The property consists of three buildings situated on a 1.08-acre parcel. The first building is constructed of brick with integrated apartments. The second building contains two leased commercial spaces in addition to residential units. The third building also comprises multiple units. Located on a road with a high traffic count, the property experiences a daily traffic volume of 15,000 to 20,000 vehicles, excluding peak seasons. Ample parking is available for residents and commercial businesses. The property also offers quick access to the WOW walking trail that leads to downtown Laconia. The location has a walk score of 22, indicating car-dependence, and a bike score of 13, indicating it is somewhat bikeable. This property can be sold individually, or as part of a 51-unit portfolio, all buildings of which are located in Laconia. This property represents an investment opportunity in the rapidly improving Lakeport area of Laconia.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Laconia
County
Belknap
State
New Hampshire
Longitude
-71.4641772
Latitude
43.5457003

FAQs

What type of property is this?
Mixed-use property - 28-unit multifamily and commercial complex in rapidly improving Lakeport area.
Where is this mixed-use property located?
The property is located at 686-716 Union Ave Laconia, NH.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 28‑unit multi‑family and commercial building complex on 1.08 acres.; Includes **26 residential units, with 7 newly constructed.**; Features two leased commercial units.
More about this property
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