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Mixed-Use Property with Garage
New
For Sale
$699,000

161 Lancaster Road, Gorham, NH 03581

Commercial Sale, Gorham, NH

Property SizeContact for details
Lot Size1.70 Acres
Days on Market4

Property Features for 161 Lancaster Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning RA
Rooms Basement
Parking features Garage, Driveway
Subdivision Gateway Auto
Lot features In Town, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Neighborhood, City Lot, Country Setting, Mountain View, Recreational, Trail/ Near Trail, Walking Trails, Near Hospital, Near A T V Trails
Directions Start in Berlin, NH heading south on NH-16 S. Continue on NH-16 S for about 4 miles. Turn right onto Lancaster Road (NH-2A) in Gorham. Follow Lancaster Road for about 0.5 miles. See sign on property, property will be on your left.
Standard status Active
Lot size 1.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7935

Utilities

Utilities Cable Available
Heating system Oil, Hot Water(Heating), Pellet Stove, Baseboard
Water source Public
Water front 1

Building Details

Year built 1890
Roof type Shingle
Listing Agency: RE/MAX Northern Edge Realty LLC · RE/MAX International
Listed By: Debi Davis
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 25 at 1:06AM
MLS# 5111021

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Set on 1.7 acres, this RA-zoned mixed-use property combines residential and commercial improvements. The main residence contains 3 bedrooms, 2.1/2 baths, and 2,319 square feet. A separate 2,000-square-foot, 3-bay garage includes office space, while a 700-square-foot canopy or lean-to adds covered area. The property also includes a 624-square-foot cottage with 274 square feet on Moose River.

Built in 1890, the property is located at 161 Lancaster Road in Gorham, NH 03581. Public water is available, along with cable service. Heating systems include oil, hot water, baseboard, and a pellet stove. The site includes garage and driveway parking, with a shingle roof and basement among the recorded features.

Key Highlights

  • 1.7‑acre RA‑zoned mixed‑use property
  • 3‑bedroom, 2.1/2‑bath residence with 2,319 square feet
  • 3‑bay garage with office space totaling 2,000 square feet

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Parts Store Storage Facility Auto Repair Shop Restaurant

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

14
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential and commercial improvements offer multiple existing spaces on a 1.7-acre parcel in Gorham.
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 $699,000.
What are key features of this property?
This property features: 1.7‑acre RA‑zoned mixed‑use property; 3‑bedroom, 2.1/2‑bath residence with 2,319 square feet; 3‑bay garage with office space totaling 2,000 square feet
More about this property
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