Laconia, NH

385 Union Avenue

$2,300,000

MLS# 5073613

95 days on market
5,679 Sq Ft
$405 $/Sq Ft
0.34 acres Lot
1960 Built

Investment Summary

Units
4
Multi-Family
Price / Unit
$575,000
Tax / Unit
$1,419/yr
$5,676 total
Zoning: UC

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Description

Laconia, NH - "SWEET" Investment Opportunity in the Heart of Laconia!! Welcome to a rare chance to own a highly visible mixed-use commercial property in one of New Hampshire’s most beloved destination markets. Located in the heart of the Lakes Region, this property offers the perfect blend of business opportunity, lifestyle, and long-term investment potential. The 4,000± sq ft commercial-zoned building, built in 1960, features three commercial spaces and a residential apartment, making it ideal for an owner-user seeking to operate a business on-site while benefiting from additional rental income. The property is anchored by a long-established ice cream shop, a local favorite that draws steady foot traffic from both residents and the area’s strong seasonal tourism. The Lakes Region is known for its year-round appeal, with Lake Winnipesaukee, Weirs Beach, boating, hiking, ski resorts, and major events all just minutes away. Laconia serves as the commercial and cultural hub of the region, welcoming visitors throughout the summer season and during popular events such as Motorcycle Week, fall foliage season, and winter recreation. For an owner-operator, this property presents exciting potential to expand and enhance the ice cream business — including extended seasonal hours, specialty offerings, private events, branded merchandise, or partnerships with local attractions. The additional commercial units provide flexibility for retail, office, or service-based uses, while the on-site apartment offers options for owner occupancy, long or short-term rental use. With excellent visibility on Union Avenue, convenient access to downtown Laconia, and strong community presence, this property offers a unique opportunity to own a business, create a lifestyle, and build long-term value in one of New Hampshire’s most sought-after regions. Strong tenants in place with excellent history. No sign on the property. Please do not park onsite and walk the property.

Features

Heating

Natural Gas
Forced Air
Heat Pump
Hot Water

Cooling

Central Air

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Financial

Annual Taxes
$5,676

Location

Multi-Family · NH-Belknap County · Listed Jan 10, 2026

About Laconia, NH

Laconia is the largest city in the Lakes Region, offering a mix of urban amenities and lakefront living. Weirs Beach, the region's most famous beach, is within city limits. Home to Motorcycle Week (the oldest rally in the US) and a revitalizing downtown with craft breweries and restaurants.

Weirs Beach boardwalk & arcades
Laconia Motorcycle Week (est. 1916)
WinnAero aviation education at airport
Opechee Park & beach
Lakes Region General Hospital
Drive-in movie theater at Weirs
County: Belknap
Population: ~17,000
Schools: Laconia (SAU 30)

Distances are approximate. Click any destination for driving directions. NH has no state income tax or sales tax.

Recently Sold in Laconia

AddressSold PriceSold
257 Weirs Boulevard$521,000Apr 10, 2026
51 Academy Street$650,000Apr 10, 2026
56 Harvard Street$550,000Apr 10, 2026
17 Arch Street$359,000Apr 8, 2026
48 Landing Lane$292,000Apr 6, 2026
117 Logan Drive$250,000Apr 6, 2026

Closed sales in the past 12 months. Data from PrimeMLS.

$2,300,000

Active Listing

Sq Ft5,679
$/Sq Ft$405
Lot0.34 acres
Built1960
Listing courtesy of Legacy Group/ Real Broker NH, LLC · Tracy Jenkins · 603-409-6926 · Cell: 603-832-3163
PrimeMLS

Listing information provided by PrimeMLS for personal, non-commercial use. Data deemed reliable but not guaranteed. © 2026 PrimeMLS, Inc.