Cash-Flowing Mixed-Use
98 Main Street, Lancaster, NH 03584
Commercial For Sale - Lancaster, NH
Property size:
5,829 SFLot size:
0.06 AcresPrice / SF:
$155/SF- Added:
- Feb 24, 2026
- Days on Market:
- 87
- Last Refresh:
- May 22 at 10:06 am
Property Features for 98 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-COMM
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 5,829 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9007
Utilities
- Heating system
- Hot Water (Heating), Oil
Building Details
- Year built
- 1948
- Number of units
- 13
- Architectural style
- Other
Listing agent Shem Nelson (603) 823-5700
Listing office Badger Peabody & Smith Realty 383 Main St., Franconia, NH (603) 823-5700
Listing date Feb 24, 2026
MLS# 5077422
Listing URL
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Cash‑flowing portfolio from day one with significant upside potential through increased rents and filling vacancies.
- Includes a mixed‑use building with six 1‑bed apartments (one vacancy) and three commercial units (two leased).
- Second building features four residential units (three 1‑bed, one 3‑bed) with recent professional lead remediation.
- Opportunity to quickly increase income by raising rents to market rates.
- Portfolio includes two buildings: a mixed‑use building and a 4‑unit multifamily property.
- Financials, photos, and video tours available in an external deal room for thorough underwriting.
Overview
This cash-flowing portfolio features two buildings ready for occupancy, offering solid income with potential for increased returns. The larger property consists of six one-bedroom apartments, with only one vacancy, and three commercial units, two of which are currently leased and one vacant. This mixed-use setup is designed for consistent returns. The second building includes four residential units: three one-bedroom units and one three-bedroom unit. Professional lead remediation has recently been completed, making three of these units ready for immediate leasing. With current rents below market value, new ownership has the opportunity to increase income quickly. The portfolio generates cash flow from day one, even with a few open units, and offers strong potential for value growth as vacancies are filled at market rates. The portfolio includes a four-unit multifamily building in addition to the mixed-use building. The gross living area is 5,829 square feet and 3,600 square feet. The buildings have public water and sewer. One building was built in 1948, and the other in 1834. The roofs are flat rubber and metal. Heating is provided by oil and forced hot water. The lot size is 0.06 acres.
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 through increased rents and filling vacancies.; Includes a mixed‑use building with six 1‑bed apartments (one vacancy) and three commercial units (two leased).; Second building features four residential units (three 1‑bed, one 3‑bed) with recent professional lead remediation.
