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Executive Summary

Historic Mill building for sale. , in excellent condition. Approximately 20,000sf of total space. presently 100% occupied with couple small spaces available in few month. Long term tenants, plenty of free municipal parking, easy administration. 7% cap rate.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
13,500 SF
Building Class
B
Year Built
1853
Price
$2,500,000
Price Per SF
$185.19
Cap Rate
7%
NOI
$175,000
Percent Leased
66%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,375 SF
Building FAR
1.24
Lot Size
0.25 AC
Zoning
UC - Urban commercial
Parking
5 Spaces (0.37 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 1,500 SF
  • Office
  • Full Build-Out
  • Now

BRIGHT SPACE 2 offices, large open space, conference room, ground floor cafeteria/ community room. all utilities are included. free municipal parking

  • 4th Floor
  • 3,100 SF
  • Office
  • Full Build-Out
  • Now

river front, next to city hall, free municipal parking, cafeteria, additional conference rooms are available, direct elevator access, walking distance to downtown.

Space Size Space Use Condition Available
2nd Floor 1,500 SF Office Full Build-Out Now
4th Floor 3,100 SF Office Full Build-Out Now

2nd Floor

Size
1,500 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size
3,100 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size 1,500 SF
Space Use Office
Condition Full Build-Out
Available Now

BRIGHT SPACE 2 offices, large open space, conference room, ground floor cafeteria/ community room. all utilities are included. free municipal parking

4th Floor

Size 3,100 SF
Space Use Office
Condition Full Build-Out
Available Now

river front, next to city hall, free municipal parking, cafeteria, additional conference rooms are available, direct elevator access, walking distance to downtown.

Fairly walkable
50/100
Moderately drivable
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
LACO-000432-000161-000036
Land Assessment
$92,100
Improvements Assessment
$1,266,200
Total Assessment
$1,358,300
  • Listing ID: 39921529

  • Date on Market: 3/26/2026

  • Last Updated:

  • Address: 1 Mill Plz, Laconia, NH 03246

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