Mixed-Use Apartment and Retail
For Sale
$550,000
98 Main Street, Lancaster, NH 03584
Rent-ready building with six 1-bed apartments and three commercial units, served by public water and sewer.
Property Size5,829 SF
Price / SF$94.36
Days on Market51
Property Features for 98 Main Street
General Information
Standard status
Active
Size
5,829 SF
Zoning
C-COMM
Additional Details
Business Included
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$9,007
Building Details
Year Built
1948
Listing Agency:
Badger Peabody & Smith Realty
(603) 444-1294
Listed By:
Shem Nelson
Source:
Laerrealty
Added: Jul 7
Changed: Aug 17
Last Checked: Aug 25 at 4:51AM
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 Badger Peabody & Smith Realty
Investment Insights
Based on property information with market context.
This mixed-use property consists of six 1-bedroom apartments and three commercial units, designed for income from both residential and retail-style space. The building is fully rent-ready and includes public water and sewer service. Improvements noted include a flat rubber roof and oil-forced hot water heating. Built in 1948, the property’s existing configuration supports a straightforward operator or investor strategy of managing a combined residential and commercial portfolio.
The property is located at 98 Main Street in Lancaster, NH 03584. Because it includes multiple unit types under one roof, it can appeal to buyers seeking consolidated management and to tenants looking for a building that already includes active residential occupancy alongside commercial frontage.
For buyers, the most practical takeaway is the operating flexibility of having both apartment units and commercial units in place within a single asset. The owner has the advantage of controlling the mix between residential and commercial spaces, with the ability to lease available units as they come due. For tenants, the building offers a shared, established income property environment with dedicated apartment living and separate commercial spaces under one management platform. Additional materials referenced in the offering include an external deal room with photos, video tours, and financial documentation for underwriting.
The property is located at 98 Main Street in Lancaster, NH 03584. Because it includes multiple unit types under one roof, it can appeal to buyers seeking consolidated management and to tenants looking for a building that already includes active residential occupancy alongside commercial frontage.
For buyers, the most practical takeaway is the operating flexibility of having both apartment units and commercial units in place within a single asset. The owner has the advantage of controlling the mix between residential and commercial spaces, with the ability to lease available units as they come due. For tenants, the building offers a shared, established income property environment with dedicated apartment living and separate commercial spaces under one management platform. Additional materials referenced in the offering include an external deal room with photos, video tours, and financial documentation for underwriting.
Key Highlights
- Cash‑flowing, fully rent‑ready mixed‑use building with six 1‑bed apartments plus three commercial units
- Gross living area: 5,829 SF
- Year built: 1948
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
Business Placement
Demographics for 03584, NH
3,490
Population
1,817
Households
1.9
Avg Household Size
47
Median Age
27%
College-Educated
93%
High-School Grad
62.1 sq mi
ZIP Area
56
Density / Sq Mi
$92,797
Median Household Income
$46,627
Median Earnings
$892
Median Rent
$197,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Rent-ready building with six 1-bed apartments and three commercial units, served by public water and sewer.
Where is this apartment building located?
The property is located at 98 Main Street Lancaster, NH.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Cash‑flowing, fully rent‑ready mixed‑use building with six 1‑bed apartments plus three commercial units; Gross living area: 5,829 SF; Year built: 1948
