76 ENDICOTT STREET Laconia, NH 03246 | Weirs Beach | Commercial Sale | Development, Investment

$4,900,000

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12.62 acres
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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 4414981 Status Active Property Type Commercial Sale Business Type Development, Investment County NH-Belknap Days on Market 3254

structure

accessibility features No Stairs from Parking, Paved Parking basement No Total Baths 0 building area total 0.0 building area units Square Feet living area 0.0 living area units Square Feet new construction Existing Parking Features On-Site, Paved year built 1948

characteristics

current use Amusement/Recreation, Lodging, Retail Condo Acres 12 lot size area 12.62 Lot SqFt 549727.0

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 3/18/2024 5:51:43 PM (UTC)