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    355 Main St Gorham, NH 03581

    Under Contract
    For Sale
    $800,000

    Commercial For Sale - Gorham, NH

    Lot size:
    0.94 Acres
    Days on Market:
    264
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 355 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Commercial A
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    0.94 Acres

    Utilities

    Heating system
    Hot Water (Heating), Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1998
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Badger Peabody & Smith Realty (603) 823-5700 [email protected]

    Listing agent Don Lapointe (603) 823-5700

    Listing date Mar 17, 2025

    MLS# 4976969 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building in Gorham, NH

    This traditional New England Cape-style building, constructed in 1998, is in excellent condition and well-suited for office, healthcare, or retail use. The property features wood clapboard siding, architectural shingles, and double-hung and fixed-pane windows. It includes two fully finished above-floor spaces and a fully finished basement. The first level offers 2800 square feet, the second level provides 2400 square feet, and the basement level encompasses 2700 square feet, complete with a training room, staff kitchen, and storage. The building is equipped with 600 amp electrical service, town water, and town sewer, with underground power servicing the building. The property includes a three-lane drive-up and two curb cuts off a busy state highway. The 0.94-acre lot is well-landscaped and features exterior lighting. Multiple entrances allow for potential subdivision of the building. The location is key for both local traffic and year-round tourist business, with an average daily traffic count exceeding 10,000 cars per day. The current owner is willing to lease back the drive-up ATM pad at the rear of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Nail Salon Building Supply Auto Repair Shop Department Store Bar & Pub 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
    -71.1950504
    Latitude
    44.3970148

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    FAQs

    What type of property is this?
    Bank - Well-maintained commercial building suitable for office, healthcare, or retail.
    Where is this bank located?
    The property is located at 355 Main St Gorham, NH.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - High-traffic location on a busy state highway with over 10,000 cars daily, ideal for business exposure; - Large, fully finished space totaling 7900 sq ft across three levels, suitable for various uses; - Former bank building in excellent condition, built in 1998, with existing infrastructure like a drive-up and multiple entrances
    (603) 823-5700
    Request Owner's contact information
    355 Main St Gorham, NH 03581
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    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

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    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
    355 Main St Gorham, NH 03581
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