78 Main St Lincoln, NH 03251
- Commercial real estate
- 1,548 SF
Current Use by Public Records
- Lincoln Eye Care / Optometrist / Optician
- Art's Outdoor Outfitters / Canoe & Kayak Rental Service / Sporting Goods Store
- Flatiron Financial Group - Ameriprise Financial Services, LLC / Financial Planner / Investment Service
- Abbey Cellars II / Wine Store / Cigar Shop
- Woodstock Lincoln Storage / Self-Storage Facility
Property Details for 78 Main St
- Year built
- 1985
- Construction
- FRAME
- Property size
- 1,548 SF
- Property type
- Commercial real estate
- APN
- LNCO M:113 B:003000 L:01-00001
- APU
- LNCOM113B003000L0100001
Description
This 1,500 square foot commercial condominium, located at 78 Main Street Unit 7 in Lincoln, New Hampshire, presents a unique investment opportunity. Situated at the town's only traffic light, this property boasts exceptional visibility and accessibility, benefiting from the high traffic volume of over one million vehicles annually passing along the Kancamagus Scenic Highway. The unit is part of a vibrant mixed-use plaza, offering a diverse range of neighboring businesses including an eye doctor, organic food and takeout establishment, the town's school administration office, a 24-hour gym, a cigar and beer store, a convenience store, a property management company, a construction firm, and multiple apartments. This ensures a steady flow of potential customers and a thriving commercial environment. The condo itself features town water and sewer, central air conditioning, and gas heating. Previously used as a real estate office for 40 years, this versatile space is ideally suited for a variety of businesses, including retail, travel/tourism services, or food service enterprises. The property offers significant potential for growth and profitability due to its prime location and established commercial context. The asking price is $425,000. This is a rare opportunity to own a commercial property in a high-traffic, desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $240,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $265,000
- 6.5%
- $245,000
- 7%
- $230,000
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Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Grafton
- State
- New Hampshire
- Longitude
- -71.672
- Latitude
- 44.0409
- CBSA code
- 30100
- CBSA name
- LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA