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    40 Canal St Lancaster, NH 03584-3163
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    Property profile & analytics

    40 Canal St Lancaster, NH 03584-3163


    • Showrooms
    • 23,665 SF
    • 2.80 lot acres
    Off-Market
    Property ID
    US58-0330640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Martin Lord & Osman PA / Law Firm
    • Edward Jones - Financial Advisor: Gary P Puleo / Financial Advisor

    Property Details for 40 Canal St

    Year built
    1915
    Construction
    STEEL FRAME
    Lot size
    2.80 lot acres
    Property size
    23,665 SF
    Zone code
    C-COMM
    Property type
    Showrooms
    APN
    LNCS M:P07 L:006
    APU
    LNCSMP07L006

    Description

    The iconic Thompson Mills building, a 13,902 square foot structure situated on a 2.8-acre lot at 40 Canal Street in Lancaster, New Hampshire, presents a unique investment opportunity. This historically significant property, once home to the last wooden cog manufacturing company in the region, boasts a prime location on the banks of the Israel River. The building's substantial size and ample parking provide significant flexibility for a wide range of potential uses. Imagine transforming this landmark into a thriving brewery or restaurant, taking advantage of the stunning river views. Alternatively, the space could be redeveloped into luxury apartments, blending historical charm with modern amenities. Entrepreneurs could also envision a bustling retail center, a family-friendly recreational facility such as a bowling alley, or a practical warehouse space. The property's versatility and location offer a compelling proposition for investors seeking a landmark property with significant redevelopment potential. The asking price for this exceptional property is $575,000. This is a chance to acquire a piece of Lancaster's history and shape its future. The property's rich history and strategic location combine to create an unparalleled opportunity for a visionary investor. Don't miss this chance to acquire a truly remarkable property with immense potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $530,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $806,000
      Market price range: $807k - $2.21M
      AI Estimate
      $844,000
      Market price range: $844k - $2.63M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Coos
    State
    New Hampshire
    Longitude
    -71.5714
    Latitude
    44.4891
    CBSA code
    13620
    CBSA name
    BERLIN, NH-VT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,204
    $153,800
    $551,200
    $705,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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