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    FOR SALE
    Conventional restaurants

    21 Veterans Sq, Laconia, NH 03246

    1,056 SF Built 1890
    Entity Owned 8-yr Hold
    Property ID
    US58-0634441
    Property summary
    AI-generated overview

    Located in the heart of downtown Laconia, 21 Veterans Square offers a rare opportunity to acquire a well-positioned commercial property currently housing an established restaurant.​ This location offers high-visibility benefits from steady foot traffic, strong local presence, and close proximity to the Colonial Theater, Lake Winnipesaukee, Gunstock and all of the other great locations in the Lakes Region.​ At present, the property operates as a fully operational restaurant with street-level access, making it well-suited for continued food and beverage use or repositioning for an alternative commercial concept.​ The site is surrounded by retail, offices, and is in close proximity to multiple residential communities.​ Whether you’re an investor seeking a proven commercial location or an owner-operator looking to establish or expand a business in the Lakes Region, this property offers excellent exposure, accessibility, and long-term potential in one of Laconia’s most active downtown areas.​ There are options to also purchase the Restaurant, sign a new lease or put in something new.​

    Property profile
    Verified
    Property type Conventional restaurants
    Year built 1890
    Total area 1,056 SF
    UPID US58-0634441
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Laconia Local Eatery Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Kevin Sullivan Real Estate LLC · 8 yrs held
    Kevin Sullivan Real Estate LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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