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969 Union Ave 3,264 SF Retail Building Laconia, NH 03246 $1,152,005 CAD ($352.94 CAD/SF) 9% Cap Rate
Investment Highlights
- High traffic volume location on the busiest street in Laconia.
- 3264 square foot building is currently being used as a used car sales and service lot.
Executive Summary
Rare opportunity to own this great retail location property with big traffic count. Just shy of an acre, this 3264 square foot building is currently being used as a used car sales and service lot. The lot holds 50-60 cars. 2 lifts can stay, 2 offices, waiting room, break room, 4 1/2 baths, 2 storage lofts and the overhead garage doors are 12x14.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,264 SF
Building Class
B
Year Built
2001
Price
$1,152,005 CAD
Price Per SF
$352.94 CAD
Cap Rate
9%
NOI
$103,680 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.84 AC
Zoning
UC - Urban Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | LACO-000349-000220-000003 | Improvements Assessment | $327,024 CAD |
| Land Assessment | $249,167 CAD | Total Assessment | $576,191 CAD |
Property Taxes
Parcel Number
LACO-000349-000220-000003
Land Assessment
$249,167 CAD
Improvements Assessment
$327,024 CAD
Total Assessment
$576,191 CAD
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969 Union Ave
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