1266 Union AvenueLaconia, NH 03246Price: $5,500,000

  • Price: $5,500,000
  • 89 Days on Market
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Federal 30-year interest rate: 6.16% last updated on Jan 8, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0.87Acreage
  • 1956Year Built
  • 5,420Square Feet

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Listed by Reed Heath of Coldwell Banker Realty Gilford NH (Off: 603-524-2255)
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

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Tax Information

  • Tax Year2025

Building

  • Year Built1956
  • ConstructionWood Frame, Brick Exterior, Vinyl Siding
  • FoundationConcrete
  • Square Feet5,420
  • BasementConcrete, Full

Exterior

  • RoofMembrane

Utilities

  • Heating CoolingForced Air, Natural Gas

Basic Information

  • StatusACT
  • Modification Date10/17/2025
  • TypeDevelopment, Hospitality, Office, Opportunity, Other, Retail
  • List Price$5,500,000
  • Broker NameColdwell Banker Realty Gilford NH
  • Listing Agent NameReed Heath
  • Lister Office NameColdwell Banker Realty Gilford NH
  • MLS Number5066315
  • MLS StatusActive

Amenities

  • PricePerSqFt1014.76

Other

  • AC percent100
  • Transport AccessCity Street, Major Road Access, Paved
  • Date Listed10/17/2025
  • View Count4

Location

  • Building Number1266
  • StreetUnion Avenue
  • TownLaconia
  • StateNH
  • Zip03246
  • CountyBelknap
  • Map304
  • Address1266 Union Avenue

Property

  • Acreage0.87
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaNH-Belknap
  • Lot Sqft37,897
  • Road Frontage159
Melanson Real Estate
Melanson Real Estate
34 North Main Street
Wolfeboro, NH 03894
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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 13, 2026 11:37 PM EST

 

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