7 BAKER AVENUE Laconia, NH 03246 | Commercial Sale | Hospitality, Investment

$430,000

Closed
Get Flood Insurance Quote
Map
Save to Collection
0
5550 sqft.
KW Coastal and Lakes & Mountains Realty/Dover Logo
Listing Courtesy of
KW Coastal and Lakes & Mountains Realty/Dover

Description

The Lakeside Get-A-Way is a 7 Unit Family style vacation destination. A very short walk to the main boardwalk on Weirs Beach with fabulous views of Lake Winnipesaukee, and built in rights to the semi private beach at end of Baker Street. Walk to Restaurants, Arcades, Mini-Golf, and many stores and shops. Property has deeded parking rights for 12 spaces off Centenary Ave. This is a fabulous location and a very good income producer for investors or owner users alike. Lake Winnipesaukee is the largest lake in New Hampshire. Located in the Lakes Region at the foothills of the White Mountains. It is approximately 21 miles long and from 1 to 9 miles wide, covering 69 square miles to 71 square miles. There is so much to do at this location, taking advantage of the water activities at the Lake, and the many other activities on offer on the mountains. All this activity brings a sense of security to the property as an investment, while being in a fantastic general location. The Lakeside Get-A-Way has been operating for over 50 years at this very convenient location.

Property Details

List Price $479,000 Sold Price $430,000 List Date 2020-06-18 Sold Date 2021-03-25 MLS ID 4812059 Status Closed Property Type Commercial Sale Business Type Hospitality, Investment County NH-Belknap Days on Market 220

structure

basement Yes Total Baths 0 building area total 5550.0 building area units Square Feet foundation details Concrete living area 5550.0 living area source Public Records living area units Square Feet Parking Features Deeded, Off-Site, Off Street roof Fiberglass, Shingle - Asphalt stories 3 year built 1927

characteristics

current use Lodging Acres 0 lot size area 0.07 Lot SqFt 3049.0 # of Units 7

tax

tax annual amount 6062.0 tax year 2019 zoning CR

financial

gross income 119496.0 net operating income 79161.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type % Non-Rep Comp. 0 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 10:09:02 PM (UTC)