# 98 Main Street, Lancaster, NH 03584

> **TL;DR:** commercial, $905,000, built 1948.
> Basement. Est. $3,922/mo. Listed 97 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $905,000 |
| Year Built | 1948 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 97 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,922 |
| **Total** | **$3,922** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1948
- 0.06 acre lot

## Description

### Agent Description
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

## Location

- **Address:** 98 Main Street, Lancaster, NH 03584
- **County:** Coos

## Listing Agent

- **Name:** Shem Nelson
- **Brokerage:** Badger Peabody & Smith Realty
- **Phone:** 6038235700
- **Email:** ShemN@BadgerPeabodySmith.com

## Primary Photo

![98 Main Street - Primary Photo](http://lh.rdcpix.com/086a1048074069eba8dd6ef3fe163d27l-f567626725r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/98-main-street-lancaster-nh-03584-5077422)*

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**MLS#:** 5077422 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/98-main-street-lancaster-nh-03584-5077422)

---

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