Vermont and New Hampshire Real Estate

New Search

72 Church Laconia, New Hampshire 03246

$319,900

MLS# 4363794

Kevin Sullivan

Listed by Weeks Commercial

About this property

10% CAP income property directly on the shores of the Winnipesaukee River. Long term tenants and strong rental history awaits the right investor . 8500 square feet of first floor retail, professional, or service and cash flow that supports the investment. Established businesses like Winnisquam Printing, and Wild Women Studio have called this location home for the past 6+ years. Updated heating systems, replacement of the eaves, new windows, and a large area of new roof are recent capital upgrades to the structure. More can be done to take advantage of the river views and atmosphere. Located on Church Street in easy walking distance to the post office, churches, city hall and Lakes Region General Hospital make this a desirable location for any business. Private parking lot and plenty of on street parking provide great access for employees and customers alike. A very stable investment or great 1031 exchange possible.

 

Photo A
Photo B
Photo C