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    Property profile & analytics
    OFF-MARKET Estimated value $1,380,000
    Banks

    587 Main St, Laconia, NH 03246-3449

    5,577 SF 0.13 ac lot Built 1900
    Entity Owned Free & Clear
    Property ID
    US58-0305306
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1900
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,577 SF
    Lot 0.13 ac (5,640 SF)
    Zoning code UC
    APN LACO M:432 B:142 L:24
    UPID US58-0305306
    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
    • 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.45M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.38M
    Owner & transaction history
    Zos Main LLC
    Zos Main LLC
    since 2026
    Last sale
    $1.4M
    3 recorded transactions
    2026
    $1.4M
    2022
    $1.4M
    1998
    $530,000
    Zoning & alternative use
    UC · Laconia, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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