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Mixed-Use Property with Storefront
For Sale
Contact for pricing
Pending

233-235 Union Avenue, Laconia, NH 03246

Two apartments complement a leased retail storefront with established occupancy and recent building improvements.

Property Size2,697 SF
Days on Market142

Property Features for 233-235 Union Avenue

General Information

Standard status Pending
Size 2,697 SF
Property subtype Retail, Multifamily

Additional Details

Traffic Count 17,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Weeks Commercial Associates
Listed By: Warren Clement · License #NH 067251
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:01AM

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 Weeks Commercial Associates

Investment Insights

Based on property information with market context.

This mixed-use property combines two apartments with a ground-level commercial storefront. The residential component totals approximately 1,732+/- SF, while the retail portion measures 965+/- SF and is occupied by Goody Good Donuts Shop. Both apartments are leased, including a long-term first-floor tenancy and an updated second-floor unit.

Recent work includes a new roof and new steps, along with additional improvements to the apartments and storefront. The building sits across from a CVS drug store and is within walking distance of nearby homes and commercial businesses. Union Avenue, also identified as Route 3, carries approximately 17,000+/- cars per day and serves as a primary route through New Hampshire’s Lakes Region. Laconia is the area’s commercial hub, with a year-round population of approximately 16,492+/- residents.

Key Highlights

  • Two apartments plus a 965+/- SF commercial storefront
  • Residential living area totals 1,732+/- SF
  • Storefront leased to Goody Good Donuts Shop

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Big Box & Wholesale Store Real Estate Agency Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,276
Businesses Nearby

Demographics for 03246, NH

16,905
Population
10,426
Households
1.6
Avg Household Size
47
Median Age
25%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
849
Density / Sq Mi
$68,407
Median Household Income
$40,504
Median Earnings
$1,180
Median Rent
$307,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two apartments complement a leased retail storefront with established occupancy and recent building improvements.
Where is this mixed-use property located?
The property is located at 233-235 Union Avenue Laconia, NH.
What are key features of this property?
This property features: Two apartments plus a 965+/- SF commercial storefront; Residential living area totals 1,732+/- SF; Storefront leased to Goody Good Donuts Shop
More about this property
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