385 Union Ave

2
Baths
5,679 Sq. Ft.
$405 / Sq. Ft.
5,679
Sq. Ft.
$405
per Sq. Ft.

Description

Laconia, NH - "SWEET" Investment Opportunity in the Heart of Laconia! Welcome to a rare chance to own a highly visible mixed-use commercial property in one of New Hampshire’s most beloved destination markets. Located in the heart of the Lakes Region, this property offers the perfect blend of business opportunity, lifestyle, and long-term investment potential. The 4,000± sq ft commercial-zoned building, built in 1960, features three commercial spaces and a residential apartment, making it ideal for...Laconia, NH - "SWEET" Investment Opportunity in the Heart of Laconia! Welcome to a rare chance to own a highly visible mixed-use commercial property in one of New Hampshire’s most beloved destination markets. Located in the heart of the Lakes Region, this property offers the perfect blend of business opportunity, lifestyle, and long-term investment potential. The 4,000± sq ft commercial-zoned building, built in 1960, features three commercial spaces and a residential apartment, making it ideal for an owner-user seeking to operate a business on-site while benefiting from additional rental income. The property is anchored by a long-established ice cream shop, a local favorite that draws steady foot traffic from both residents and the area’s strong seasonal tourism. The Lakes Region is known for its year-round appeal, with Lake Winnipesaukee, Weirs Beach, boating, hiking, ski resorts, and major events all just minutes away. Laconia serves as the commercial and cultural hub of the region, welcoming visitors throughout the summer season and during popular events such as Motorcycle Week, fall foliage season, and winter recreation. For an owner-operator, this property presents exciting potential to expand and enhance the ice cream business — including extended seasonal hours, specialty offerings, private events, branded merchandise, or partnerships with local attractions. The additional commercial units provide flexibility for retail, office, or service-based uses, while the on-site apartment offers options for owner occupancy, long or short-term rental use. With excellent visibility on Union Avenue, convenient access to downtown Laconia, and strong community presence, this property offers a unique opportunity to own a business, create a lifestyle, and build long-term value in one of New Hampshire’s most sought-after regions. Strong tenants in place with excellent history. No sign on the property. Please do not park onsite and walk the property.
  1. Listed by Tracy Jenkins • Legacy Group/ Real Broker NH, LLC • Cell: 603-832-3163

Property Details for 385 Union Avenue

Zoning
UC
LISTING UPDATED: 01/22/2026 09:43 PM

Property Details for 385 Union Avenue

StatusActive
MLS #5073613
Days on Market30
Taxes$5,676 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1960
Lot Size0.34 AC / 14,810 SF
CountyBelknap County

Location

Listing Courtesy of Legacy Group/ Real Broker NH, LLC
Add your commute

Building Information for 385 Union Avenue

Stories1Residences4Year Built1960Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$11,683 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,210

Property Taxes

$473

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 385 Union Avenue

Summary
Location and General Information
  • City: Laconia
  • County: NH-Belknap
  • Directions: North on Union Avenue, past high school on right-hand side.
  • Latitude: 43.536138000001003
  • Longitude: -71.463123999999993
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Avenue
  • Map: 407
  • Zip Code: 03246
Taxes and HOA Information
  • Tax Year: 2026
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 1.00
  • Driveway: Paved
Property
Lot Information
  • Block: 220
  • Lot: 54
  • Lot Features: In Town, Near Shopping, Near Skiing, Near Railroad, Near Hospital
  • Lot Size Acres: 0.34
  • Road Frontage Length: 120.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1960
Utilities
  • Electric: On-Site
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Total Electric Meters: 4
  • Internet: Fiber Optic Internt Avail, High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: Yellow
  • Construction Materials: Wood Frame, Vinyl Siding, Wood Siding
  • Roof: Asphalt Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Total Full Baths: 0
  • Flooring: Concrete, Laminate
  • Heating: Natural Gas, Forced Air, Heat Pump, Hot Water
  • Cooling: Central AC
  • Total Stories: 1.5
Multi Family
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 0
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
  • Total Heat Units: 2
Unit Information
Unit 1
  • Unit 1 Level Number: 1
  • Unit 1 Status: Leased
Unit 2
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 1
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Level Number: 2
  • Unit 3 Status: Vacant
  • Unit 3 Bedrooms: 2
Unit 4
  • Unit 4 Level Number: 2
  • Unit 4 Baths: 1
  • Unit 4 Status: Leased
Rental
Rent Information
  • Total Leases: 3

Property History for 385 Union Avenue

DateEvent & SourcePriceAppreciation
Jan 10, 2026

Listed (Active)

New England Real Estate Network #5073613

$2,300,000
DateEvent & SourcePrice
01/10/2026

Listed (Active)

New England Real Estate Network #5073613

$2,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 385 Union Avenue

Taxable ValueLand$154,300Additions$282,900Total$437,200
Tax Record2025$5,675 ($473 / month)
Home Facts
Baths3Total Finished SqFt4,432 SqFtAbove Grade Finished SqFt4,432 SqFtUnfinished Basement SqFt1,088 SqFtStories2Lot Size14,640 SqFtStyleStoresYear Built1960ZoningUCCountyBELKNAPAPNLACO M:407 B:220 L:54

Schools near 385 Union Avenue

This home is within Laconia School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 13
Public - PK to 5
Rating
School
Distance
Woodland Heights Elementary School
PublicPK to 5

Laconia Middle School
Public6 to 8

Laconia High School
Public9 to 13

Pleasant Street School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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385 Union Avenue is a multi-family home for sale in Laconia, NH 03246. This property was listed for sale on January 10, 2026 by Legacy Group/ Real Broker NH, LLC, it's currently listed at $2,300,000. This listing's school district is Laconia School District. Nearby schools include Woodland Heights Elementary School, Laconia Middle School and Laconia High School. 385 Union Avenue is a 2-bed, 2-bath, 5,679 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Legacy Group/ Real Broker NH, LLC

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. 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 02/09/2026 02:14 PM