Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    555 Main St Laconia, NH 03246
    Back to Search
    Property profile & analytics

    555 Main St, Laconia, NH 03246

    View on Map
    • Commercial real estate
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Escape Room Experience / Arcade & Gaming Center

    Property Details for 555 Main St

    Year built
    1974
    Property type
    Commercial real estate

    Description

    This exceptional commercial property at 555 Main Street, Laconia, NH, presents a unique opportunity for businesses seeking a high-visibility location in the heart of downtown. The adaptable layout allows for diverse configurations, catering to a wide range of uses, including retail, professional services, or other businesses requiring flexible space. The interior offers the potential for private offices, treatment rooms, or open workspaces, ensuring the space can be tailored to meet specific operational needs. Large windows flood the space with natural light, creating a bright and inviting atmosphere. Its Main Street location ensures high foot traffic and excellent signage opportunities, maximizing exposure to potential customers. The property's convenient location is further enhanced by the availability of nearby public parking, ensuring easy access for clients and employees. This is an ideal space for businesses looking to establish a presence in a thriving downtown area with strong visibility and accessibility. The property is priced at $15 (price unit not specified). While the exact square footage isn't listed, the description emphasizes the flexible and adaptable nature of the space to suit various business needs. The property is categorized as "Other" in terms of property type.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laconia
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.4692
    Latitude
    43.5274

    Comparable in this City

    • Value Estimation by Request

      131 Lk St, Unit 19

      COMMERCIAL CONDOMINUIM
      131 Lk St, Laconia, NH 03246-2129
      View Details
    • Value Estimation by Request

      131 Lk St, Unit 5

      COMMERCIAL CONDOMINUIM
      131 Lk St, Laconia, NH 03246-2129
      View Details
    • Value Estimation by Request
      1,404 SF

      728 Scenic Rd

      COMMERCIAL (GENERAL)
      728 Scenic Rd, Laconia, NH 03246-1812
      View Details
    • Value Estimation by Request
      960 SF

      58 Channel Ln

      COMMERCIAL (GENERAL)
      58 Channel Ln, Laconia, NH 03246
      View Details
    • Value Estimation by Request
      2,100 SF

      227 Ct St

      COMMERCIAL (GENERAL)
      227 Ct St, Laconia, NH 03246-3645
      View Details
    • Value Estimation by Request

      30 Beacon St

      Commercial real estate
      30 Beacon St, Laconia, NH 03246
      View Details

    Similar Nearby for Sale

    • $4,250,000
      3.00 Acres

      Lake Winnipesaukee Resort - Turnkey Operation

      Luxury Lakeside Resort with 22 Units
      291 Endicott St, Laconia, NH 03246
      View Details
    • $4,900,000
      12.62 Acres

      Weirs Beach Development Opportunity

      12.62 Acres, High Visibility, C-R Zoning
      76 Endicott St, Laconia, NH 03246
      View Details
    • $1,500,000
      13,957 SF

      Downtown Laconia Retail Opportunity

      High-traffic retail space, prime location.
      601 Main St, Laconia, NH 03246
      View Details
    • Contact for pricing
      1,056 SF

      Downtown Laconia Commercial Property

      Commercial property in downtown Laconia, ideal for restaurant or retail.
      21 Veterans Sq, Laconia, NH 03246
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo

      Laconia Auto Shop/Retail Space

      High-traffic location with flexible mechanic bays and retail options.
      969 Union Ave, Laconia, NH 03246
      View Details
    • Contact for pricing
      29,500 SF

      Industrial Sublease in Laconia

      Industrial space for sublease in a thriving Laconia market.
      28 Lexington Dr, Laconia, NH 03246
      View Details
    • Contact for pricing
      900 SF

      Gilford Retail and Office Space

      Multiple spaces for lease in Gilford, ranging from 250-3,500 SF.
      131 Lake St, Laconia, NH 03246
      View Details
    • Contact for pricing

      Warehouse with Drive-In Door

      Industrial warehouse suite with a drive-in overhead door, private restroom with shower, and mezzanine light storage.
      14 Lexington Dr, Laconia, NH 03246
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    555 Main St
    Laconia, NH 03246
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    555 Main St, Laconia, NH, 03246
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!