651 Union Avenue Laconia NH 03246 MLS #5071939

This property presents a significant business and investment opportunity, suitable for commercial, multi-family, or mixed-use development. The large commercial/residential lot is situated on a main road with a daily traffic count exceeding 17,000 vehicles, potentially reaching 20,000 during peak season. The property offers extensive parking areas at both the front and rear of the building, with two primary access points from Mechanic Street and Union Avenue. The existing structure includes a two-bedroom unit on the second floor along with 2 large vacant rooms not used. Studio on the first floor, with ample space available for business operations or additional multi-unit apartments. 2 bay garage with lift & additional storage . Frontage is 146.26 Back 110.18 at road. The substantial size of the lot also allows for the potential construction of additional buildings, further enhancing its investment potential.