12 Lancaster Road Gorham, NH $ 499,000
12 Lancaster Road
$ 499,000
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12 Lancaster Road

Gorham, NH, 03581
$ 499,000
Baths0.0 Sq 2,500

Monthly Estimate*

$ 3,317

Listed by Jennifer Stewart, RE/MAX Northern Edge Realty LLC, 603-752-0003, jenniferlyndastewart@gmail.com
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Studio

Commercial Property for sale in Gorham, NH

for $499,000. This 2,500 square foot building was built in 1998 on a lot size of 0.48.

Superb location, on the ATV/UTV trail system. The adage "location, location, location" is often considered the golden rule of the restaurant business and this is a great location! Simplicity of the current menu is ideal but it could also be adapted to any other great business. This is a great opportunity for a franchise or comfortably run the business of your choice! The workweek can be flexible (currently the business is open 5 days a week and closed for the month of October). This meticulously maintained free standing 2,500sq. ft+- building with indoor and outdoor seating includes a recently paved parking lot, a fully equipped, clean kitchen and an array of impressive features such as a 1000-gallon grease trap, electrical service, providing ample power to support your business operations without any constraints and a new (installed 12/23) heating/a/c unit. The inclusion of a take-out window further enhances the convenience factor for customers on the go, POS and a surveillance system also included. Owner finance options are available. Longterm lease/buy for the building. Owner is seeking retirement but will provide hands on training to ensure a smooth transition.

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,906

Style

Business,Hospitality

Lot Size

0.48

Year Built

1998

Town/City

Gorham

County/Region

Coos

MLS | Web ID

4970079

Features
General
Road Frontage Yes
Sewer Public
Utilities Cable - Available
Zoning RA
Status Active
Year Built 1998
Assessment Amount 202300
Tax Year 2022
Area NH-Coos
Price Per Sq Ft Total 199.6
Tax Gross Amount 4906
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Interior
Basement No
Total Number of Units 1
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Exterior
Lot Size Area 0.48
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* Excluded Features
List By
Jennifer Stewart

Listing Agent

Re/Max Northern Edge Realty Llc

Broker

(603) 752-0003

Phone

jenniferlyndastewart@gmail.com

Email

Affordability Calculator

$3,725
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
$409
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2024$499,000 -9.27% Price Down
2/19/2024$550,000 -7.56% Price Down
12/12/2023$595,000 -8.46% Price Down
9/14/2023$650,000 Listed Price

Map


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12 Lancaster Road, Gorham, NH, 03581 is a Commercial Property for sale at $499,000 with 2,500 sqft and a lot size of 0.48. 12 Lancaster Road is a studio with 0.0 baths and was built in 1998. The property's zip code is 03581 which is in Gorham, NH