7 Lancaster Road Gorham, NH $ 303,000
7 Lancaster Road
$ 303,000
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7 Lancaster Road

Gorham, NH, 03581
$ 303,000
Baths0.0 Sq 1,609

Monthly Estimate*

$ 2,117

Listed by Jim Harvey, Keller Williams Realty-Metropolitan, 603-232-8282, jim.harvey@kw.com
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Studio

Commercial Property for sale in Gorham, NH

for $303,000. This 1,609 square foot building was built in 1900 on a lot size of 0.53.

Located in the heart of Gorham, this mixed-use zoned property offers a little bit of everything. The large barn with utilities can be used for a business with plenty of car traffic or as a hobbyist’s haven. Store your toys or equipment fully protected from the elements. Revenue opportunities exist with the street front signage post that can accommodate up to three signs or market the home on Air B&B which has been done successfully in the past. Winter time is fun time in Gorham. ATV/Snowmobile trails are ½ mile down Rt 16 and the barn is ideal for storing your rides. The 3-bedroom, 2-bathroom home possesses wonderful character with a farmer’s porch, hard wood flooring, tin ceilings, wood burning stove and much more. Enter the home into the kitchen dining area and enjoy the island bar dining option, plenty of room for a dining table or sitting area near the wood burning stove. Closet doors hide a 1st floor laundry closet. A cozy living room with decorative ceiling panels/millwork features also holds a modern pellet stove for additional heat and ambience. The front room/den could be used as a 4th bedroom since the first-floor layout provides a full bathroom. Average AirB&B net income $21,500, 85 nights. Commercial signage revenue potential of $7,200 a year.

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Commercial Active

Price

$ 303,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,514

Style

Business,Office

Lot Size

0.53

Year Built

1900

Town/City

Gorham

County/Region

Coos

MLS | Web ID

4984808

Features
Interior
Basement Description Bulkhead Concrete Floor Stairs - Interior Unfinished
Basement Yes
Total Number of Units 2
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General
Road Frontage Yes
Sewer Public
Utilities Cable Telephone At Site
Parking Driveway Off Street On-Site Parking Spaces 6+ Paved
Flood Zone Unknown
Zoning CA
Status Active
Year Built 1900
Assessment Amount 268600
Tax Year 2022
Area NH-Coos
Seasonal No
Price Per Sq Ft 188.32
Tax Gross Amount 6514
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Exterior
Lot Size Area 0.53
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* Excluded Features
List By
Jim Harvey

Listing Agent

Keller Williams Realty-Metropolitan

Broker

(603) 232-8282

Phone

jim.harvey@kw.com

Email

Affordability Calculator

$2,659
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,117
Monthly Property Taxes
$543
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2024$300,000 Listed Price

Map


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7 Lancaster Road, Gorham, NH, 03581 is a Commercial Property for sale at $303,000 with 1,609 sqft and a lot size of 0.53. 7 Lancaster Road is a studio with 0.0 baths and was built in 1900. The property's zip code is 03581 which is in Gorham, NH