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76 Endicott StreetLaconia, NH 03246Price: $2,800,000

  • Price: $2,800,000
  • Est. Mortgage of $/month
  • 2014 Days on Market
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Federal 30-year interest rate: 2.8% last updated on Oct 22, 2020
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  • $2,800,000List Price
  • 12.62Acreage
  • 549,727Square Feet

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Listed by Russell Poirier of RE/MAX Bayside
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 0% interest for as long as 3 to 5 years, offered by a major commercial bank. Year-round additional income from mobile homes on site. Other income sources include land leases, vendor leases, etc. Financials available on request.

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 24, 2020.

 

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