# 98 Main Street, Lancaster, NH 03584

> **TL;DR:** commercial, $580,000, built 1948.
> Basement. Est. $2,513/mo. Listed 69 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $580,000 |
| Year Built | 1948 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 69 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,513 |
| **Total** | **$2,513** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1948
- 0.06 acre lot

## Description

### Agent 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

## 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/af2703b41dffe94e5e534ffe8d6f7380l-f623891143r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/98-main-street-lancaster-nh-03584-5080581)*

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**MLS#:** 5080581 | **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-03584-5080581)

---

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