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    Lakeport Plaza Multifamily & Commercial Complex Title is generated by Realmo AI

    686-716 Union Ave, Laconia, NH 03246

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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:
    50
    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

    HighLights

    • 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.
    • High traffic location (15,000‑20,000 vehicles daily).
    • Ample parking for residents and commercial businesses.
    • Quick access to WOW walking trail leading to downtown Laconia.

    Overview

    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

    • Map
    • Local Demand
    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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