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Mixed-Use Downtown Property
For Sale
$399,000

101 Main Street, Gorham, NH 03581

Mixed-use building with first-floor commercial space and an apartment above, plus opportunity to add residential unit(s).

Property Size3,034 SF
Price / SF$131.51
Days on Market371

Property Features for 101 Main Street

General Information

Standard status Active
Size 3,034 SF
Property subtype Multi-family

Building Details

Year Built 1900
Listing Agency: RE/MAX Northern Edge Realty LLC
Listed By: Jennifer Stewart
Source: Harborlightrealty
Added: Jul 26, 2025 Changed: Jul 10 Last Checked: Jul 30 at 6:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Northern Edge Realty LLC

Investment Insights

Based on property information with market context.

This mixed-use downtown building is configured with commercial space on the first floor and an apartment on the upper level. The property also offers the possibility of adding a second apartment while keeping the front commercial space in place, supporting multiple operating and occupancy scenarios. A new boiler has been installed, providing a meaningful recent improvement to the building’s heating infrastructure.

Located at 101 Main Street in Gorham, the property is positioned for day-to-day accessibility associated with a Main Street setting. The combination of street-level commercial space and residential unit(s) above creates a practical live-and-work layout for owners or tenants who want to keep activities under one roof.

For an owner-operator, the existing arrangement can support running a business on the first floor while occupying the apartment above. For investors or buyers seeking rental income, the current income-producing structure offers residential use with a ground-floor commercial component. With the stated opportunity to add another apartment while maintaining the commercial area, the building may also appeal to buyers looking to expand the residential footprint without abandoning the retail-style frontage.

Key Highlights

  • Mixed‑use building built in 1900 with first‑floor commercial space and an apartment above
  • Second‑floor apartment provides residential income potential alongside the commercial space
  • Possibility to add a second apartment while keeping the front commercial space

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Storage Facility Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

Demographics for 03581, NH

3,053
Population
1,970
Households
1.5
Avg Household Size
51
Median Age
26%
College-Educated
97%
High-School Grad
156.1 sq mi
ZIP Area
20
Density / Sq Mi
$61,370
Median Household Income
$37,731
Median Earnings
$786
Median Rent
$155,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with first-floor commercial space and an apartment above, plus opportunity to add residential unit(s).
Where is this mixed-use property located?
The property is located at 101 Main Street Gorham, NH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Mixed‑use building built in 1900 with first‑floor commercial space and an apartment above; Second‑floor apartment provides residential income potential alongside the commercial space; Possibility to add a second apartment while keeping the front commercial space
More about this property
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