724 Main StreetLaconia, NH 03246MLS Number 4861386

  • Sale Price: $6,150,000
  • 257 Days Since Sale
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
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724 Main Street Laconia NH 03246
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  • 2.26Acreage
  • 1937Year Built
  • ClosedMLS Status
  • 424Map
This unique offering package includes Two (2) medical office buildings totaling 39,231 Sq. Ft. Two properties are adjacent to each other in the heart of downtown Laconia, NH. Both properties have active NNN leases in place with 5-year terms. $816,478 Annual Net Income. Over a 12% Cap Rate. Annual CPI Increases. 5 Year Term with Three - 5 Year Renewal Options. Building One (1): 724 N. Main St, Laconia, NH: 28,373 Square feet with $613,748 Annual Base Rent.This three-story brick medical office building caters very well to its medical use. The infrastructure provided here is of tremendous value. Just in this building alone, there are 95 Exam rooms and offices, 64 of them have sinks, there are 12 Reception and Workstation areas, 6 designated waiting areas, 21 Bathrooms, a 900 SF designated employee area, an X-ray area, a Lab area, as well as a full-size pharmacy. Ample parking with the large on site 145 spot parking lot. Building Two (2): 734 N. Main St, Laconia, NH 9,538 Square feet with $ 171,840 Annual Base Rent is a two-story medical office building directly next door. Although its current use is medical offices, the style & overall layout of this building is also suitable for general office as well. Building is equipped with an elevator and the site offers an additional 15 parking spaces.
Listed by Laura Gamache of Keller Williams Realty-Metropolitan

Listing Sold by Roche Realty Group

Driving Directions

Big Lake Realty
Big Lake Realty
36 Country Club Road
Suite 926
Gilford, NH 03249

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More Info

Basic Information

  • StatusSLD
  • Modification Date12/02/2021
  • TypeInvestment, Office
  • List Price$6,150,000
  • Broker NameKeller Williams Realty-Metropolitan
  • Listing Agent NameLaura Gamache
  • Lister Office NameKeller Williams Realty-Metropolitan
  • Seller Office NameRoche Realty Group
  • Selling Agent NameBruce Labranche
  • MLS Number4861386
  • MLS StatusClosed

Location

  • Building Number724
  • StreetMain Street
  • TownLaconia
  • StateNH
  • Zip03246
  • CountyBelknap
  • Map424

Exterior

  • ExteriorBrick

Building

  • Year Built1937
  • NumberOfUnitsInCommunity3
  • Available Sqft39,231
  • Garage Spaces

Property

  • Acreage2.26
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft98,446
  • Road Frontage955

Other

  • View Count4
Broker Reciprocity

Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 August 14, 2022 5:24 PM EDT.

 

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