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    461 Main St Gorham, NH 03581

    For Sale
    $899,900

    High-visibility, 11,232 sq ft building on 2.94 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional Gorham, NH commercial property, located on Route 16, presents a remarkable business opportunity. The 11,232 square foot building, constructed in 1985, sits on a spacious 2.94-acre lot, offering high visibility and abundant traffic. The property features a large showroom ideal for showcasing products or services, complemented by well-appointed first and second-floor offices. Three bathrooms provide ample convenience for staff and clients. The expansive acreage allows for significant growth and development potential. Ample parking is available, ensuring ease of access for visitors and employees. This property is perfect for entrepreneurs seeking a high-traffic location with room to expand or for established businesses looking to relocate to a prime commercial area. The combination of location, size, and versatile space makes this an exceptional investment opportunity in a thriving New Hampshire community. The building's existing infrastructure provides a solid foundation for a variety of commercial uses, allowing for customization to suit specific business needs. This is a chance to acquire a substantial property with significant potential for future growth and profitability.

    Property Features for 461 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    128,066 SF

    Building Details

    Year Built
    1985
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gorham
    County
    Coos
    State
    New Hampshire
    Longitude
    -71.19968
    Latitude
    44.40482

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility, 11,232 sq ft building on 2.94 acres.
    Where is this commercial real estate located?
    The property is located at 461 Main St Gorham, NH.
    What is the asking price?
    The asking price for this property is $899,900.
    Request Owner's contact information
    461 Main St Gorham, NH 03581
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    461 Main St Gorham, NH 03581
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