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Mixed-Use Portfolio with Apartments
For Sale
$900,000

98 Main Street, Lancaster, NH 03584

Commercial Sale, Lancaster, NH

Property SizeContact for details
Lot Size0.06 Acres
Days on Market180

Property Features for 98 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-COMM
Rooms Basement
Parking features On Street, Offsite
Lot features In Town, Near Shopping, City Lot, Curbing, Major Road Frontage
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9007

Utilities

Utilities Cable Available
Heating system Hot Water(Heating), Oil
Water source Public

Building Details

Year built 1948
Listing Agency: Badger Peabody & Smith Realty
Listed By: Shem Nelson
Added: Feb 24 Changed: Aug 20 Last Checked: Aug 23 at 6:06AM
MLS# 5077422

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.

This Lancaster offering includes two buildings with a combined mixed-use configuration. The larger building contains six one-bedroom apartments and three commercial units, while the additional multifamily building provides four residential units consisting of three one-bedroom units and one three-bedroom unit. Three units in the second building are prepared for leasing following professional lead remediation.

The buildings were constructed in 1948 and 1834, respectively. Reported gross living areas are 5,829 square feet and 3,600 square feet. Building systems include oil-fired forced hot water heat in one structure and hot water heat in the other, with flat rubber and metal roofing. Public water and sewer serve the property, and parking is available on street and off site. The offering includes 98 Main Street and the four-unit multifamily property at 23-25 Bunker Hill in Lancaster.

Key Highlights

  • Two‑building mixed‑use portfolio with residential and commercial components
  • Larger building includes six 1‑bedroom apartments and three commercial units
  • Additional building contains three 1‑bedroom units and one 3‑bedroom unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Barber Shop

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

10
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

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

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

What type of property is this?
Mixed-use property - Two-building property combines residential units with commercial space and public water and sewer service.
Where is this mixed-use property located?
The property is located at 98 Main Street Lancaster, NH.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two‑building mixed‑use portfolio with residential and commercial components; Larger building includes six 1‑bedroom apartments and three commercial units; Additional building contains three 1‑bedroom units and one 3‑bedroom unit
More about this property
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