Type: Private
Price: $4,900,000
Location: 76 Endicott St, Laconia, NH
Condition: Used
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 and 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. For more details: /land-lots_laconia-d530015/for-sale_i66857654