Laconia, NH

1266 Union Avenue

$5,500,000.00

MLS# 5066315

0.87 acres Lot
1956 Built
Waterfront Property

Lake Winnipesaukee

Deep Water Access · Directly Adjoining

Sun Exposure
East-facing water

Prime sunrise views — morning light floods the waterfront

Description

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

Heating

Forced Air
Natural Gas

Cooling

Central Air

Parking

Paved

Financial

Annual Taxes
$23,033.00

Location

Listing Details

Listed
Oct 17, 2025
Property Type
Commercial
County
NH-Belknap
$5,500,000.00

Active Listing

Lot0.87 acres
Built1956

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Interested in this property? Michelle Hansen at Yankee Pedlar will follow up with you directly.

Listing courtesy of Coldwell Banker Realty Gilford NH · Reed Heath · 603-524-2255 · Off: 603-524-2255
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Information last updated March 1, 2026.