Listed by Russell Poirier, RE/MAX Bayside

76 Endicott Street

Laconia, NH, 03246

$4,900,000

$4,900,000
Active
Active
 - For Sale
property_type
Land
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 iconic drive-in theater, since 1942, is the oldest in the state. This may be the best development site in the entire state. 12.62 acres in the T.I.F. district. Extremely high visibility. Zoning allows 60 foot height. 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 investors. 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 from mobile homes on site. Other income sources include land leases, vendor leases, etc. Financials available on request.
MLS® ID:
4645783
Listed:
4/20/15
Updated:
9/26/22
Black House
Black House Real Estate

Exterior/Building Features

Lot Size
12.62 acres lot
Lot Details
Fenced
Sewer
Public

School Information

School District
Laconia Sch Dst SAU #30

Other Property Details

Area Name
NH-Belknap
Taxes
$15980
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
Utilities
None
Water Source
Public
Pool
No
Zoning
CR

Property History

Date
Event
Price
Value
5/16/22
Price Change
$4,900,000
116%

Listed by Russell Poirier, RE/MAX Bayside

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Black House Real Estate
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