7 LANCASTER ROAD Gorham, NH 03581 | Commercial Sale | Business, Office

$305,000

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0.53 acres
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Description

Located in the heart of Gorham, this mixed-use zoned property offers a little bit of everything. The large barn with utilities can be used for a business with plenty of car traffic or as a hobbyist’s haven. Store your toys or equipment fully protected from the elements. Revenue opportunities exist with the street front signage post that can accommodate up to three signs or market the home on Air B&B which has been done successfully in the past. Winter time is fun time in Gorham. ATV/Snowmobile trails are ½ mile down Rt 16 and the barn is ideal for storing your rides. The 3-bedroom, 2-bathroom home possesses wonderful character with a farmer’s porch, hard wood flooring, tin ceilings, wood burning stove and much more. Enter the home into the kitchen dining area and enjoy the island bar dining option, plenty of room for a dining table or sitting area near the wood burning stove. Closet doors hide a 1st floor laundry closet. A cozy living room with decorative ceiling panels/millwork features also holds a modern pellet stove for additional heat and ambience. The front room/den could be used as a 4th bedroom since the first-floor layout provides a full bathroom. Average AirB&B net income $21,500, 85 nights. Commercial signage revenue potential of $7,200 a year.

Property Details

List Price $305,000 List Date 2024-02-13 MLS ID 4984808 Status Active Property Type Commercial Sale Business Type Business, Office County NH-Coos Days on Market 14

structure

basement Yes Total Baths 0 building area units Square Feet Features Exterior Business Type Business, Office living area source Public Records living area units Square Feet Parking Features Driveway, Off Street, On-Site, Parking Spaces 6+, Paved year built 1900

characteristics

Acres 0 lot size area 0.53 Lot SqFt 23087.0 # of Units 2

tax

tax annual amount 6514.0 tax year 2022 zoning CA

financial

gross income 23900.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 2/27/2024 11:03:29 PM (UTC)