Steven Sawyer (Central NH) - Exit Realty Group

51 Beacon Street, Laconia, NH 03246

Commercial

$2,350,000
Price
$2,150,000
Sale Price

10.5% Cap rate. Completely renovated historic mill building, with 32,844 SF of mixed use, professional, retail, restaurant space. Income/investment property with a 10.5% CAP, calculated on actual income. Strong 1031 exchange vehicle. Stable, long term tenants in place, with consistent cash flow. 1.8 acres of land with 110 parking spaces, located in the center of the business district of Laconia NH. No deferred maintenance.
Highlights
Property Type: Commercial Sale
Price - Closed: 2,150,000
Basement: No
Zoning: DRD
Total Units: 9
Seasonal: No
Foreclosed/Bank-Owned/REO: No
MLS #: 4326844
List Agent: Kevin Sullivan
List Office: Weeks Commercial
Price - List: $2,350,000
Listing Status: Closed
Year Built: 1930
 
 
Interior
Air Conditioning Percent: 100
Total Elevators: 1
Sprinkler: Other
SqFt-Total Building: 32,844
SqFt-Total Available: 32,844
Basement Description: Concrete Floor
Heat Fuel: Gas - Natural
Exterior
Lot - Acres: 1.79
Flood Zone: Unknown
Lot - Sqft: 77,972
Pre-Construction: No
Road Frontage: TBD
Construction Status: Existing
Construction: Masonry
Exterior: Brick
Foundation: Slab - Concrete
Roof: Membrane
Electric: 3 Phase
Water: Public
Sewer: Public
Taxes
Deed - Page: 0920
Deed - Book: 1989
Tax Rate: 22.19
Taxes TBD: No
Assessment Amount: $1,644,200
Tax - Gross Amount: $35,901
Additional
Covenants: Unknown
Sale Includes: Land/Building
Map
The listing office is Weeks Commercial and listing agent is Kevin Sullivan. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Copyright(c) 2017 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. RLS2000.com, Inc. and its subscribers disclaim any and all respresentations or warranties as to the accuracy of this information. The data was last modified on 10/22/2017 5:24:00 AM.
 
Steven Sawyer (Central NH)
Steven Sawyer (Central NH)
REALTOR®
Exit Realty Group