Commercial for Sale: 12 Lancaster Road, Gorham, NH 03581

$399,000
$399,000
12 Lancaster Road, Gorham, NH 03581
$399,000
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Price:
$399,000
$100,000 - 07/26/2024

Type Commercial
Lot Size 0.48 acres
Year Built 1998
Taxes Paid $5,723

City Gorham
County Coos

MLS 4970079
Status Active
DOM 462 days
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. Building/Business/equipment etc. can be purchased for $799,000. Owner is seeking retirement but will provide hands on training to ensure a smooth transition.

Lot & Building Features

Utilities Cable - Available
Construction Stucco Exterior
Sewer Public
Tax Year 2024
Taxes Paid $5,723
Water Public

Price History of 12 Lancaster Road

Date Name Price Difference
07/26/2024 Price Adjustment $399,000 20.04%
05/30/2024 Price Adjustment $499,000 9.27%
02/19/2024 Price Adjustment $550,000 7.56%
12/12/2023 Price Adjustment $595,000 8.46%
09/14/2023 Listing Price $650,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 12 Lancaster Road, Gorham, NH

Location Map Street View
Photo of Jaye Morton
Jaye Morton
Associate Broker
Direct: 603-661-6268
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by RE/MAX Northern Edge Realty LLC, Jennifer Stewart
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1.434335839599%
6.75%
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12 Lancaster Road (MLS #4970079) is a commercial listing located in Gorham, NH. This commercial listing is on a lot of 20,909 sqft (or 0.48 acres) and is 26 years old. This property was listed on 09/14/2023 and has been priced for sale at $399,000.

Nearby zip codes are 03447, 03570 3804, 03570 and 03593. This property neighbors other cities such as Berlin, Randolph and Shelburne.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Northern Edge Realty LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/19/2024