Cash-Flowing Mixed-Use
98 Main Street, Lancaster, NH 03584
Multi-Family - Lancaster, NH
Property size:
10,327 SFLot size:
0.25 AcresPrice / SF:
$87/SF- Added:
- Feb 28, 2026
- Days on Market:
- 83
- Last Refresh:
- May 22 at 10:06 am
Property Features for 98 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C-COMM
- Bedrooms
- 10
- Bathrooms
- 8
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 10,327 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9007
Utilities
- Heating system
- Hot Water (Heating), Oil, Other (Heating)
Building Details
- Year built
- 1948
- Floors in Building
- 3
- Number of units
- 13
- Roof type
- Flat, Tar/Gravel
- Architectural style
- Other
Listing agent Zach Hawkins (603) 444-1294
Listing office Badger Peabody & Smith Realty/Littleton 11 Riverglen Lane, Franconia, NH (603) 444-1294
Listing date Feb 28, 2026
MLS# 5077787
Listing URL
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HighLights
- Cash‑flowing portfolio from day one with significant upside potential.
- Two buildings included: a mixed‑use property (six 1‑bed apartments, three commercial units) and a four‑unit residential building.
- Opportunity to increase income quickly by raising rents to market rates.
- Larger property has a mixed‑use setup with steady returns.
- Second building has recently completed professional lead remediation, with three units ready for immediate leasing.
- Offering memorandum includes conservative assumptions for potential performance, photos, video tours, and financials.
Overview
This portfolio features two buildings ready for occupancy and offering immediate cash flow. The larger property includes six one-bedroom apartments, with only one vacancy, and three commercial units, two of which are currently leased, presenting a mixed-use setup. The second building comprises four residential units, including three one-bedroom units and one three-bedroom unit. Professional lead remediation has been recently completed, making three of these units ready for immediate leasing. The portfolio offers an opportunity to increase income quickly, as most rents are currently below market value. The portfolio produces cash flow from day one, with strong potential for value growth as vacancies are filled at market rates. The portfolio includes a four-unit multifamily property in addition to the mixed-use building. The gross living area is 5,829 square feet and 3,600 square feet. The properties were built in 1948 and 1834. The roof is flat rubber and metal. The heat is oil and forced hot water. The lot size is 0.25 acres. The property size is 10,327 square feet. The zoning is C-COMM.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Coos
- State
- New Hampshire
- Longitude
- -71.569573
- Latitude
- 44.488516
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two buildings with solid income and significant upside potential.
Where is this mixed-use property located?
The property is located at 98 Main Street Lancaster, NH.
What is the asking price?
The asking price for this property is $905,000.
What are key features of this property?
This property features: Cash‑flowing portfolio from day one with significant upside potential.; Two buildings included: a mixed‑use property (six 1‑bed apartments, three commercial units) and a four‑unit residential building.; Opportunity to increase income quickly by raising rents to market rates.
