76 Endicott Street Laconia, NH

$4,900,000
Acres 12.62
Photo of 76 Endicott Street Laconia NH 03246




Description

Directly across the street from the most recognized sign in the entire state of New Hampshire! Largest land parcel zoned C-R in the heart of Weirs Beach. This may be the best development site in the entire state. 12.62 acres in the T.I.F. district with the possibility to subdivide. Extremely high visibility. C-R zoning allows a variety of commercial and residential uses. (See attached Permitted Uses). Perfect resort hotel or condo site - renderings available. Perfect 1031 exchange - full presentation offered to realtors, investors & developers. Develop your ideas on this iconic site. 100% construction financing available at interest only for as long as 3 to 5 years, offered by two major commercial banks. Year-round additional income. Other income sources include land leases, vendor leases, event leases, etc. Financials available on request. The paved portion of the entire site is less than 5 acres. The balance of the 12.62 acres is wooded.


Listed by RE/MAX Innovative Bayside, Russell Poirier 603-493-0013

Details

MLS 4414981
Price $4,900,000
Status Active
DOM 3526 days
Type Commercial
Lot Size 12.62 acres
Year Built 1948
Taxes Paid $15,980

Lot & Building Features

Utilities Cable - Available
Parking Description On-Site, Paved
Sewer Public
Tax Year 2022
Taxes Paid $15,980

Map

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Financing

$
20%
0.32612244897959%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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