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Property profile & analytics
FOR SALE
Retail properties & Spaces

601 Main St Laconia, NH 03246

13,957 SF 0.34 ac lot Built 1950
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US58-0074641
Property summary
AI-generated overview

This exceptional 13,957 square foot commercial building presents a unique investment opportunity in the heart of Laconia, New Hampshire. Strategically located on Route 106, between the picturesque Lake Winnipesaukee and Lake Winnisquam, this property benefits from a thriving community of 17,228 residents and a growing population. Currently housing a long-standing antique center (ten years), the building offers significant potential for a variety of retail uses. The ground floor boasts 14,000 square feet of versatile space, while the upper floor provides an additional 7,000 square feet, both currently open and adaptable to various layouts. Built in 1950, the building's solid construction is complemented by modern amenities including a fully sprinklered system, readily available natural gas, and city water and sewer connections. Its .34-acre lot provides ample space, and its adjacency to the recently renovated 750-seat Colonial Theatre ensures high visibility and foot traffic. The property is zoned for commercial use, making it an ideal location for a wide range of businesses seeking a prominent presence in this vibrant New Hampshire city. This is a rare chance to acquire a substantial retail space in a desirable location with significant growth potential. The asking price is $1,500,000.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1950
Construction STEEL FRAME
Total area 13,957 SF
Lot 0.34 ac (14,996 SF)
Zoning code UC
APN LACO M:432 B:142 L:23
UPID US58-0074641
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 Antique Center Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Casablanca Industries LLC · 11 yrs held
Casablanca Industries LLC
since 2015
4 recorded transactions
2015
$315,000
2010
Price N/A
1999
$110,000
1997
$110,000
Zoning & alternative use
UC · Laconia, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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