1266 Union Avenue, Laconia, NH

$5,500,000

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0.87

Acres

About 1266 Union Avenue

Positioned directly across from McDonald’s on Union Avenue in the heart of Laconia, 1266 Union Avenue presents a rare opportunity to acquire a high-yield, mixed-use waterfront investment anchored by a national credit tenant with nearly four decades of operational history and over 1,000 locations nationwide. The tenant occupies a 5,400± SF building under a strong lease with approximately 2½ years remaining and a demonstrated interest in extending. The property includes 176 feet of owned waterfront on Lake Winnipesaukee with 21 boat slips that collectively generate approximately $88,000 NNN in annual income, representing nearly $2 million in intrinsic dock value alone. This exceptional combination of secure income, prime location, and tangible asset value creates an investment profile rarely available in the Lakes Region. Adding to the upside, the City of Laconia has expressed preliminary support for a potential condominium redevelopment project consistent with the city’s ongoing revitalization of its waterfront corridor. Conceptual plans are available to qualified buyers. Furthermore, the same national tenant also occupies another nearby site at 3 Maple Street in Gilford, which may be purchased separately or as part of a two-property portfolio—a unique opportunity to own both locations leased to a proven national operator. With stable cash flow, a long-term credit tenant, and redevelopment potential in one of New Hampshire’s fastest-growing markets, 1266 Union Avenue stands as

Features of 1266 Union Avenue

MLS® # 5066315
Price $5,500,000
Acres 0.87
Year Built 1956
Type Commercial
Sub-Type Commercial/Industrial
Status Active

Community Information

Address 1266 Union Avenue
Area Laconia
City Laconia
County Belknap
State NH
Zip Code 03246

Amenities

Utilities Cable Available
Is Waterfront No
Waterfront Lake

Interior

Heating Forced Air, Natural Gas
Cooling Central AC

Exterior

Roof Membrane
Waterfront Name Lake Winnipesaukee

Additional Information

Date Listed October 17th, 2025
Days on Market 18
Zoning Com

Listing Details

AgentReed Heath
OfficeColdwell Banker Realty Gilford NH

Listing Map

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