Mixed-Use Apartment and Retail
98 Main Street Lancaster, NH 03584
98 Main Street, Lancaster, NH, 03584
$550,000
For Sale
$550,000
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 Market12
Property Features for 98 Main Street
General Information
- Standard status
- Active
- Size
- 5,829 SF
Building Details
- Year Built
- 1948
Listing Agency
Badger Peabody & Smith Realty
Listed by
Shem Nelson
Source
Laerrealty
Added: Jul 7 Checked: Jul 17 at 2:37 am
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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
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
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
