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Mixed-Use Building with Apartment
For Sale
Contact for pricing
Pending

507 Union Avenue, Laconia, NH 03246

First-floor commercial space pairs with an oversized second-floor apartment and a designated area for business signage.

Property SizeContact for details
Days on Market131

Property Features for 507 Union Avenue

General Information

Standard status Pending
Total Parking Spaces 12
Property subtype Mixed Use

Additional Details

Office Units 1

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: HomeSmart First Choice Realty
Listed By: Michael Gagne · License #NH 055064
Source: Crexi
Added: Apr 23 Changed: Aug 29 Last Checked: Aug 31 at 1:36AM

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 HomeSmart First Choice Realty

Investment Insights

Based on property information with market context.

Located at 507 Union Avenue in Laconia, New Hampshire, this mixed-use building combines a commercial area on the first floor with an oversized two-bedroom apartment above. The ground-floor space is currently occupied by a flower shop and is also described as suitable for retail or professional office use. A visible placement within the building provides an area for business signage.

Recent property improvements include a brand-new roof, concrete work, and an upgraded front entry. The site also includes 12+ parking spots serving commercial occupants, residents, employees, and customers. The two-level configuration offers an integrated commercial and residential layout within the same building.

Key Highlights

  • Mixed‑use configuration with first‑floor commercial space and an oversized second‑floor apartment
  • Second‑floor apartment includes two bedrooms
  • First floor currently operates as a flower shop and may accommodate retail or professional office use

Property Analytics

Current Use

M.A. Smith Electric, ... Electrical Service

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Building Supply Grocery & Convenience Store Kitchen & Bath Showroom

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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

538
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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial space pairs with an oversized second-floor apartment and a designated area for business signage.
Where is this mixed-use property located?
The property is located at 507 Union Avenue Laconia, NH.
What are key features of this property?
This property features: Mixed‑use configuration with first‑floor commercial space and an oversized second‑floor apartment; Second‑floor apartment includes two bedrooms; First floor currently operates as a flower shop and may accommodate retail or professional office use
More about this property
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