Three-Bay Garage Mixed-Use
161 Lancaster Road, Gorham, NH 03581
For Sale
$599,000
Commercial Sale, Gorham, NH
Property SizeContact for details
Lot Size1.70 Acres
Days on Market49
Property Features for 161 Lancaster Road
General Information
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Listing Agency:
RE/MAX Northern Edge Realty LLC · RE/MAX International
Listed By:
Debi Davis
(603) 752-0003
Added: Sep 22
Changed: Nov 5
Last Checked: Nov 9 at 11:06AM
MLS# 5111021
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Investment Insights
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This mixed-use property includes a 2,319-square-foot, three-bedroom home with 2.5 baths, a 2,000-square-foot garage with three bays and office space, and a 624-square-foot cottage. A 700-square-foot canopy or lean-to provides additional covered area. The property was built in 1890 and has baseboard and hot-water heating, a pellet stove, and oil heat.
The buildings sit on 1.7 acres at 161 Lancaster Road in Gorham, New Hampshire. The parcel is zoned RA, with public water and cable available. Parking includes the garage and a driveway.
The buildings sit on 1.7 acres at 161 Lancaster Road in Gorham, New Hampshire. The parcel is zoned RA, with public water and cable available. Parking includes the garage and a driveway.
Key Highlights
- Three‑bedroom home with 2.5 baths and 2,319 square feet
- Three‑bay garage with office space totals 2,000 square feet
- Separate cottage contains 624 square feet
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
14
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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
$155,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Coos County, NH
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Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate residential buildings accompany an office-equipped garage on a single parcel.
Where is this mixed-use property located?
The property is located at 161 Lancaster Road Gorham, NH.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three‑bedroom home with 2.5 baths and 2,319 square feet; Three‑bay garage with office space totals 2,000 square feet; Separate cottage contains 624 square feet
