Financial
Distress signals
Property profile

194 Garfield Street Unit c c Laconia, NH 03246

FOR LEASE
Other investment properties
Property ID
US58-0151224
1,500 SF 1.1 ac lot Built 1950
Last sale Mar 2026 · $468,800
Entity Owned Owner of record is a legal entity (LLC / corporation).
Saved · see the list in your Dashboard
Market Trends Soon
194 Garfield Street Unit c,Unit c, Laconia, NH 03246 For Lease
$3,000/Mo
194 Garfield Street Unit c,Unit c, Laconia, NH 03246
View Listing

Property summary

AI-generated overview

The property is a 2,248 sq. ft. flex-space building constructed in 1995, located at 194 Garfield Street in Laconia, New Hampshire, and is classified under RS zoning. The building includes a garage/work area with four overhead drive-in doors that provide direct vehicle access into the interior space, and it is supported by available outdoor yard space. An existing salt shed is present on the property.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$429k
Assessed land$150k
Assessed improvement$279k
Effective rate1.39%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$455k
NOI build-up
Gross scheduled income$9k
Vacancy & credit loss−$614
Operating expenses−$3k
NOI · 206.17% cap applied$6k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$160/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$76 – $265
Qualifying comparables5

Cap rate analysis

How does the asset earn?
206.17%
$6k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RS
Residential Single-Family (RS) District. The Residential Single-Family District shall be designed to establish and maintain attractive ar...
General categoryCIVIC_INSTITUTIONAL
JurisdictionLACONIA CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Cafe & Coffee Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Cafe & Coffee Shop9.3
Carpet & Flooring Store8.8
Bakery8.7

Location

194 Garfield Street Unit c, Unit c Laconia, NH 03246
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
301 Ct, Laconia, NH 03246-3649 $1,800,000 Jan 2026 2,264 SF
240 Ct, Laconia, NH 03246-3893 $300,000 Apr 2024 1,709 SF
686 Endicott N, Laconia, NH 03246-1707 $1,660,000 Dec 2022 1,567 SF
14 Summer, Laconia, NH 03246-3139 $365,000 Jan 2022 1,932 SF
258 Endicott N, Laconia, NH 03246-1712 $825,000 Jan 2022 1,980 SF
15 Chestnut, Laconia, NH 03246-2576 $186,000 May 2021 1,459 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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