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Mixed-Use Property with Apartments
New
For Sale
$999,990

873/881 Union Avenue, Laconia, NH 03246

Two buildings bring together office, apartment, and salon space on Union Avenue.

Property SizeContact for details
Lot Size0.43 Acres
Days on Market6

Property Features for 873/881 Union Avenue

General Information

Standard status Active
Lot size 0.43 Acres
Property subtype Commercial
Zoning UC
Lease Term []

Site & Location

Traffic Count 15,500 vehicles/day
Road Access Yes

Additional Details

Multifamily Units 4

Building Details

Year Built 1887
Buildings 2
Tenancy Multi
Listing Agency: Roche Realty Group
Listed By: Nancy Williams
Source: Lakesregionrealestate
Added: Oct 11 Changed: Oct 16 Last Checked: Oct 16 at 8:46AM

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 Roche Realty Group

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Investment Insights

Based on property information with market context.

At 873/881 Union Avenue in Laconia, this mixed-use property comprises two buildings with commercial and residential components. One contains an office and two rental units; the other has four apartments and an operating salon. The property was built in 1887 and occupies a 0.43-acre lot in the UC zoning district.

Union Avenue frontage measures 169 feet, and the estimated daily traffic count is 15,500. Restaurants, shops, local businesses, and entertainment are nearby, within the Lakeport District of the Lakes Region. The mix of existing spaces includes office, apartment, and salon uses.

Key Highlights

  • Two buildings: one with an office and two rental units; the other with four apartments and an operating salon
  • 0.43‑acre lot in the UC zoning district
  • 169' of road frontage on Union Avenue

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Kitchen & Bath Showroom Building Supply Skin Care Clinic

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

4
Residential units
15,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

268
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings bring together office, apartment, and salon space on Union Avenue.
Where is this mixed-use property located?
The property is located at 873/881 Union Avenue Laconia, NH.
What is the asking price?
The asking price for this property is $999,990.
What are key features of this property?
This property features: Two buildings: one with an office and two rental units; the other with four apartments and an operating salon; 0.43‑acre lot in the UC zoning district; 169' of road frontage on Union Avenue
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