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Property profile

95 Lake St Laconia, NH 03246

OFF-MARKET
Retail properties & Spaces
13,000 SF Built 1956
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Property summary

AI-generated overview

This exceptional 13,000-square-foot property in Gilford presents a unique investment opportunity. The building, constructed in 1956 and situated on a 3.58-acre lot, boasts a single-story structure with ample parking – a substantial 42,000 square feet of paved parking area. Currently vacant, the space offers significant flexibility. Previously a thriving Chinese restaurant and nightclub, the property is fully equipped and ready for immediate occupancy. The layout allows for either a single tenant occupying the entire 13,000 square feet, or division into two separate units (approximately 5,000 and 8,000 square feet respectively), each with its own entrance. The zoning is C, and the APN is 201-002-000. The property features permitted outdoor seating for up to 100 patrons, adding significant potential for increased revenue. The extensive parking and prime location make this an ideal space for a variety of uses, including restaurants, bars, breweries, or arcades. The building's history as a successful restaurant and nightclub speaks to its strong potential for future success. Don't miss this chance to acquire a well-maintained, versatile property in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1956
Total area 13,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

95 Lake St Laconia, NH 03246
Laconia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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