76 ENDICOTT STREET Laconia, NH 03246 | Weirs Beach | Land | Commercial Land

$4,900,000

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12.62
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Description

Directly across the street from the most recognized sign in the entire state of New Hampshire! Largest land parcel zoned C-R in the heart of Weirs Beach. This may be the best development site in the entire state. 12.62 acres in the T.I.F. district with the possibility to subdivide. Extremely high visibility. C-R zoning allows a variety of commercial and residential uses. (See attached Permitted Uses). Perfect resort hotel or condo site - renderings available. Perfect 1031 exchange - full presentation offered to realtors, investors & developers. Develop your ideas on this iconic site. 100% construction financing available at interest only for as long as 3 to 5 years, offered by two major commercial banks. Year-round additional income. Other income sources include land leases, vendor leases, event leases, etc. Financials available on request. The paved portion of the entire site is less than 5 acres. The balance of the 12.62 acres is wooded.

Property Details

List Price $4,900,000 List Date 2015-04-21 MLS ID 4645783 Status Active Property Type Land Property Sub Type Commercial Land County NH-Belknap Days on Market 3251

characteristics

Lot Description Business District, Commercial Zoning, Near Railroad Acres 12 lot size area 12.62 Lot SqFt 549727.0 lot size units Acres road frontage type Paved, Public road surface type Paved, Public

tax

tax annual amount 15980.0 tax year 2022 zoning CR

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 3/15/2024 8:23:27 PM (UTC)