22 - 28 Main Street, Lancaster, NH - $349,000

22 - 28 Main Street, Lancaster, NH

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Price: $349,000 Status: Active w/Contract
Taxes: $8,929 Lot Size 0.64

Comments:

ATTENTION INVESTORS: 10 unit building located in the heart of Lancaster where Route 2 AND Route 3 converge. 8 apartments are fully occupied with a strong rental history. The owner has improved the units as they become vacant. Very low vacancy rate. The 2 commercial spaces on the first floor houses JL Sullivans restaurant. An additional 1,200 sq ft space is ready for occupancy. The restaurant includes a 15' x 42' deck for dining. Each of the 10 tenants pay their own utilities: heat, hot water and electricity (100 AMP panels). The landlord pays the town water/sewer. Each apartment includes a stove and refrigerator and each unit has 2 year old hot water heaters. The restaurant includes most of the appliances. Complete with sprinkler system in the basement and first floor. The .64 acre lot has +/- 80 feet of frontage on the Israels River. There is ample parking in the rear of the building for the tenants and patrons. The property is walking distance to shopping, schools, parks, library, post office and Col. Town Recreation area. Nearby ATV and Snowmobile parking.

Listed by Denise Hood Boynton of RE/MAX Northern Edge.

Property Features

Property Information

MLS # 
4649511 
Property Type 
Commercial Sale 

Additional Features

Lot Desc 
Level, River Frontage, Sidewalks, Water View 
Property Type 
Commercial Sale 
Road Frontage 
Yes 
Roof 
Metal 
Roads 
Not Available 
Sq Ft Building 
12675 
Stories 
Not Available 
Baths 
Not Available 
Units 
10 
Water 
Metered, Public 
Water Access Desc 
Not Available 
Water Body Name 
ISRAELS RIVER 
Water Frontage 
75 
Zoning 
Commercial 

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