MLS#5080581
STATUSActive
PROPERTY TYPECommercial - Retail
Listing Courtesy of:
Badger Peabody Smith Realty
Agency Contact: Phone: 603-991-5994
Associate Name: Shem Nelson
Property Description
This is a CASH-FLOWING fully rent-ready building with solid income and significant upside. The property includes six 1-bed apartments plus three commercial units making it an ideal mixed-use setup for steady returns. 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. 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 - Public Water & Sewer - Year Built: 1948- Roof: Flat Rubber - Heat: Oil/Forced Hot Water
Property Features
Property Type: Commercial - Retail
Basement: Yes
Basement: Full, Partially Finished, Interior Stairs, Interior Access, Exterior Access
Heating: Hot Water, Oil
Lot Size: 0.06 Acres
Taxes: $9,007
Year Built: 1948
Feature Descriptions
Basement Access: Walkout
Commercial Features: Living Space Available, Heat Included, In-Unit Bathroom
Days on Site: 23
Lot: In Town, Near Shopping, City Lot, Curbing, Major Road Frontage
Parking: Off Premises, Off-Site, On-Site, On Street
Road Frontage: 37
Sale Inclusions: Land/Building
Sewer: Public
Units: 9
Water: Public
Zoning: C-COMM
Listed By / Shown By
Listed By
Agency Name: Badger Peabody Smith Realty
Agency Contact: Phone: 603-991-5994
Agent Name: Shem Nelson
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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98 Main Street | MLS# 5080581
This commercial property located at 98 Main Street, Lancaster, NH 03584 is currently listed for sale with an asking price of $580,000. Search Lancaster real estate on www.masiellogrouprealestate.com today.