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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

31 Main St Lincoln, NH 03251

2,640 SF 0.17 ac lot Built 1940
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US58-0614819
Property summary
AI-generated overview

This exceptional 2,640 square foot commercial property, situated on a 0.17-acre lot at 31 Main Street in Lincoln, NH, presents a compelling investment or business launch opportunity. Its prime location offers unparalleled visibility and accessibility, directly adjacent to Exit 32 of I-93, the gateway to Loon Mountain and the Kancamagus Highway. This high-traffic area boasts significant foot and vehicle traffic, ensuring maximum exposure for any business. The property's immediate neighbors include established businesses such as a Holiday Inn, 7-Eleven, McDonald's, an urgent care facility, the White Mountain Bagel Company, and several ski shops, creating a vibrant and bustling commercial environment. Currently, a portion of the space is leased to the White Mountain Spa, with a lease extending until October 2025, offering immediate rental income potential. The spa's lease includes a 60-day notice clause, providing flexibility for future tenants or business ventures. This property's strategic location and existing tenant provide a solid foundation for a successful investment or the establishment of a thriving business in a popular New Hampshire tourist destination. The asking price for this remarkable opportunity is $699,000.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1940
Construction FRAME
Total area 2,640 SF
Lot 0.17 ac (7,405 SF)
Zoning code GU
APN LNCO M:112 B:027000 L:00-00000
UPID US58-0614819
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mountain Time Spa Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Herbert Lahout Shopping · 5 yrs held
Herbert Lahout Shopping
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
GU · Lincoln, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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