Colonial Theatre Property Purchased by City of Laconia
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Description
The Laconia City Council approved a Purchase and Sale Agreement with 609 Main Street, LLC for the Colonial Theatre property at a price of $8,117,653.39. The purchase involves a complex arrangement offset by a promissory note. The City will assume responsibility for future bond and association fee payments.
Contract Details
Contract Amount
$8,117,653.39
Vendor
609 MAIN STREET LLC COLONIAL THEATRE
Agency
City of Laconia, NH
Contract Type
OTHER
Document Date
June 8, 2026
Renewal Info
Previous extensions of emergency lane status noted; current action is a property acquisition, not a renewal.
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