About 587 Main Street
10.1 CAP Rate NNN Bank with Separate Drive thru Opportunity! Citizens Bank has recently committed to this location with an extension of the current term to mid-2029 and have added 3 x 5 year options to renew. This bank building located in Central downtown Laconia is a great Investment opportunity with no Landlord responsibility. The offering consists of two parcels, with the Bank building on one parcel, and the Drive thru on a separate parcel across the street. There is ample allocated bank parking at the rear with deeded spaces in a shared parking lot, and plenty of room with the 3 Lane Drive Thru. The high ceilings open up the space for great atmosphere. This is a full net lease with the Tenants responsible for all maintenance and upkeep. Lease details and available with Non-Disclosure Agreement (NDA).
Features of 587 Main Street
| MLS® # | 5014131 |
|---|---|
| Price | $1,400,000 |
| Acres | 0.13 |
| Year Built | 1900 |
| Type | Commercial |
| Sub-Type | Commercial/Industrial |
| Status | Active |
Community Information
| Address | 587 Main Street |
|---|---|
| Area | Laconia |
| City | Laconia |
| County | Belknap |
| State | NH |
| Zip Code | 03246 |
Amenities
| Utilities | Other |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Hot Water, Oil |
|---|---|
| Cooling | Central AC |
Exterior
| Roof | Tar and Gravel |
|---|
Additional Information
| Date Listed | September 12th, 2024 |
|---|---|
| Days on Market | 457 |
| Zoning | UC |
Listing Details
| Agent | Gerry Oconnell |
|---|---|
| Office | KW Coastal and Lakes & Mountains Realty/Dover |