Commercial garage. Comfortable home. One convenient downtown location. This highly functional mixed-use property offers the flexibility of living and working in one place. The oversized commercial garage, currently used for auto restoration and bodywork, provides outstanding workspace and includes an additional garage bay for personal vehicles, storage, or equipment. Ideally located in downtown Lancaster, the property offers excellent visibility and easy access for a variety of commercial uses, subject to local zoning. Just steps away, the 4-bedroom, 1.5-bath home offers spacious, comfortable living with warm natural woodwork, generously sized rooms, a dedicated laundry room, and a covered rear porch for relaxing after the workday. Whether you're running a business, pursuing a hobby, or simply looking for the convenience of a live/work property, this versatile offering provides endless possibilities. Enjoy the convenience of being within walking distance to schools, shopping, restaurants, and other downtown amenities while having the flexibility of substantial commercial space right outside your back door. If you've been searching for a property that combines residential comfort with practical commercial functionality, this one deserves a closer look. Schedule your private showing today.
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
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
Lancaster is located in New Hampshire. Lancaster, New Hampshire has a population of 3,215. Lancaster is more family-centric than the surrounding county with 23.69% of the households containing married families with children. The county average for households married with children is 21.71%.
The median household income in Lancaster, New Hampshire is $61,953. The median household income for the surrounding county is $52,054 compared to the national median of $69,021. The median age of people living in Lancaster is 38.3 years.
The average high temperature in July is 78.6 degrees, with an average low temperature in January of 1.4 degrees. The average rainfall is approximately 38.2 inches per year, with 74.8 inches of snow per year.
