98 Main Street Lancaster, NH $ 905,000
98 Main Street
$ 905,000
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98 Main Street

Lancaster, NH, 03584
$ 905,000
Bedrooms-- Baths-- Sq 6,194

Monthly Estimate*

$ 5,572

Listed by Shem Nelson, Badger Peabody & Smith Realty, 603-991-5994, ShemN@BadgerPeabodySmith.com
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Commercial Property for sale in Lancaster, NH

for $905,000. This 6,194 square foot building was built in 1948 on a lot size of 0.06.

This CASH-FLOWING portfolio offers two fully rent-ready buildings with solid income and significant upside. The larger property includes six 1-bed apartments with only one vacancy, plus three commercial units (two with leases and one vacant) making it an ideal mixed-use setup for steady returns. The second building includes four residential units (three 1-bedroom units and one 3-bedroom unit) and has recently completed professional lead remediation, making three of the units ready for immediate leasing. With most rents currently below market, new ownership has a clear opportunity to increase income quickly. Even with a few open units, the portfolio produces cash flow from day one, with strong potential for value growth as vacancies are filled at market rates. NOTE: This portfolio includes a 4 unit Multifamily located at 23-25 Bunker Hill, Lancaster, NH in addition to the mixed use building. The offering memorandum shows conservative assumptions for potential performance and also has a link to an external deal room with additional photos, video tours and all of the financials needed to underwrite this portfolio. DETAILS: Gross Living area: 5,829sqft/3600sqft - Public Water & Sewer - Year Built: 1948/1834 - Roof: Flat Rubber/Metal - Heat: Oil/Forced Hot Water

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Commercial Active

Price

$ 905,000

Property Type

Commercial

Taxes

$ 0

Style

Multi-Family,Retail

Lot Size

0.06

Year Built

1948

Town/City

Lancaster

County/Region

Coos

MLS | Web ID

5077422

Features
Interior
Basement Description Full Partially Finished Interior Stairs Interior Access Exterior Access
Basement Yes
Total Number of Units 13
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General
Road Frontage Yes
Sewer Public
Heating Hot Water Oil
Utilities Cable Available Telephone Available
current use No
Zoning C-COMM
Year Built 1948
Business Type Multi-Family Retail
Assessment Amount 427500
Auction No
Tax Year 2025
Status Detail 0
City Lancaster
DOM 4
Price Per Sq Ft Total AG 146.11
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Exterior
Lot Features In Town Near Shopping City Lot Curbing Major Road Frontage
Lot Size Area 0.06
Water Source Public
Parking Features Off Premises Off-Site On-Site On Street
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* Excluded Features
List By
Shem Nelson

Listing Agent

Badger Peabody & Smith Realty

Broker

(603) 991-5994

Phone

ShemN@BadgerPeabodySmith.com

Email

Affordability Calculator

$5,572
Per Month
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Monthly Principal & Interest
$5,572
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Default based on a 30-year fixed rate of 6.25% 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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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/24/2026$905,000 Listed Price

Map


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98 Main Street, Lancaster, NH, 03584 is a Commercial Property for sale at $905,000 with 6,194 sqft and a lot size of 0.06. 98 Main Street was built in 1948. The property's zip code is 03584 which is in Lancaster, NH