Cash-Flowing Mixed-Use
98 Main St, Lancaster, NH 03584
Two buildings with solid income and significant upside potential.
Type:Investment
Property size:
5,829 SFPrice / SF:
$155/SF- Added:
- Apr 27, 2026
- Days on Market:
- 26
- Last Refresh:
- Apr 27 at 9:45 am
Property Features for 98 Main St
General Information
- Standard status
- Active
- Size
- 5,829 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1948
Listing agent Zach Hawkins (603) 991-4894
Listing office (603) 991-4894
Listing date Apr 27, 2026
Source Elliman
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 Zach Hawkins
HighLights
- Cash‑flowing portfolio from day one with strong potential for value growth.
- Two buildings included: mixed‑use property with six 1‑bed apartments and three commercial units, plus a four‑unit residential building.
- Significant upside potential by increasing rents to market rates.
- Larger property has a mixed‑use setup with steady returns from residential and commercial units.
- Second building has recently completed professional lead remediation, with three units ready for immediate leasing.
- Offering memorandum includes conservative performance assumptions, photos, video tours, and financials.
Overview
This cash-flowing portfolio features two fully rent-ready buildings, offering a combination of steady income and substantial growth potential. The larger property comprises six one-bedroom apartments, with only one vacancy, alongside three commercial units, two of which are currently leased, and one vacant, creating a mixed-use configuration suitable for consistent returns. The second building contains four residential units, including three one-bedroom units and one three-bedroom unit. Recent professional lead remediation has been completed, preparing three of these units for immediate leasing. With the majority of rents currently below market value, new ownership has a clear 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 property 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 oil and forced hot water. The bike score is 44, indicating it is somewhat bikeable, and the walk score is 41, indicating it is car-dependent.
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
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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 St 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 strong potential for value growth.; Two buildings included: **mixed‑use property with six 1‑bed apartments and three commercial units**, plus a four‑unit residential building.; Significant upside potential by increasing rents to market rates.
