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969 Union Ave 3,264 SF Retail Building Laconia, NH 03246 $850,000 ($260.42/SF) 9% Cap Rate
Investment Highlights
- High traffic volume location on the busiest street in Laconia.
- 3264 square foot building is currently being used as a used car sales and service lot.
Executive Summary
Rare opportunity to own this great retail location property with big traffic count. Just shy of an acre, this 3264 square foot building is currently being used as a used car sales and service lot. The lot holds 50-60 cars. 2 lifts can stay, 2 offices, waiting room, break room, 4 1/2 baths, 2 storage lofts and the overhead garage doors are 12x14.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,264 SF
Building Class
B
Year Built
2001
Price
$850,000
Price Per SF
$260.42
Cap Rate
9%
NOI
$76,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.84 AC
Zoning
UC - Urban Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | LACO-000349-000220-000003 | Improvements Assessment | $231,200 |
| Land Assessment | $175,200 | Total Assessment | $406,400 |
Property Taxes
Parcel Number
LACO-000349-000220-000003
Land Assessment
$175,200
Improvements Assessment
$231,200
Total Assessment
$406,400
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969 Union Ave
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