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    587 Main St Laconia, NH 03246-3449
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    Property profile & analytics

    587 Main St Laconia, NH 03246-3449


    • Banks
    • 5,577 SF
    • 0.13 lot acres
    Off-Market
    Last Sale Jan 12, 2022
    $1,380,000
    Property ID
    US58-0305306
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,380,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Terri Harbour / Financial Advisor
    • Citizens / Bank / Loan Service
    • Citizens ATM / Atm
    • Sean Cronin - Citizens Bank, Home Mortgages / Loan Service / Bank
    • Sean Cronin - Citizens, Home Mortgage / Loan Service / Bank

    Property Details for 587 Main St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    5,577 SF
    Zone code
    UC
    Property type
    Banks
    APN
    LACO M:432 B:142 L:24
    APU
    LACOM432B142L24

    Description

    This exceptional commercial property at 587 Main Street, Laconia, NH, presents a unique investment opportunity. The 11,154 square foot building, situated on a 0.13-acre lot in the heart of downtown Laconia, boasts excellent visibility and walk-in traffic due to its prime Main Street location. The property includes two parcels, offering significant versatility. The main building features 12-foot ceilings, creating a spacious and inviting atmosphere. A mostly finished basement provides additional square footage for expansion or storage. Ample parking is available at the rear of the building, accessible via a second entrance, providing convenient access for customers and employees. The second parcel is a key asset, featuring a three-lane drive-thru, ideal for businesses requiring this type of customer access. This drive-thru could generate additional income for the property owner, either through direct use or lease. The property's diverse potential uses include retail, restaurants (including quick-service options), medical facilities, urgent care centers, offices, and even banking operations, making it an attractive option for a wide range of businesses. The asking price is $1,500,000. This is a rare opportunity to acquire a well-located, versatile commercial property with significant potential for growth and profitability in a thriving downtown area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,380,000
      ML approach
      $1,445,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,130,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Laconia
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.4697
    Latitude
    43.5279
    CBSA code
    29060
    CBSA name
    LACONIA, NH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,992
    $61,400
    $656,900
    $718,300
    -
    $0.00
    $0.00
    $0.00
    More about this property
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