One of the last remaining development parcels in the Lakes Region

Laconia, NH (Belknap County)

Weirs Beach Development Parcel
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Asking Price: $799,000

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: N/A

FF&E: N/A

Year Built: N/A

One of the last remaining development parcels in the Lakes Region

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Property Description

This 28.5+- acre parcel may be the last large remaining parcel of it's kind with beautiful scenic views of Winnipesaukee & surrounding mountains. The parcel has been surveyed and public sewer run to the top of the property. Electricity has been paid for by the seller to the top of the property & poles for power lines have been run up the hill. Power to the top of the hill was calculated for 10 homes with a transformer to accommodate those needs. Additional power can be provided from any location going up the hill for additional buildings. Extensive engineering work has been done on this property for Phase 1 of a 2 Phase project, with 75 condo units shown in Phase 1. This was provided to the Laconia Planning Board in October 2007 was 80% approved when the developer withdrew the project due to the economic conditions. All engineering information will go with this property. Little time would be needed to represent this project to the Laconia Planning Board, as they recently approved a 300 unit condo project not far from this location. This parcel is zoned Commercial/Resort and it allows for multiple possibilities and is considered the most desirable zone for hotel, motel, timeshare, recreational facility or any type of retail use. These are just some of the available options. Offerings include: 2 acre individual parcels that will support 12 units-$360,000; 6 acre parcels that would support 36 units - $720,000. The entire parcel is available for $799,000

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Detailed Information

Location:
Laconia, NH
Type:
Vacant Commercial Land
Building Status:
Proposed
Facilities:
Public sewer and electric lines have been run to the top of the property. Extensive engineering completed
Location Description:
In the heart of year-round activity along Lake Winnipesaukee. Heavily traveled waterfront road with many homes and businesses.
Current and Prior Use:
Raw land.
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Anthony Avrutine

Property Listed By:
Robin Mescon

Remax Bayside Commercial Division

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