139 - 141 Main St, Lincoln, 03251

REDUCED 21% Commercial - Commercial/Industrial For Sale

$1,100,000

Beds
Baths
Sqft
.7Acres
1950Built
970DOM
MLS® #: 4622592
Active, 970 Days on Market

Large one of a kind property in the most popular ski town in New Hampshire - LINCOLN ... where Loon Mt Ski Area is located. SOLID RENTAL INCOME ....There are currently 15 rental units... consisting of an older motel ( 8 units) - A separate bldg with an existing 2 bdrm apartment, 1 efficiency apt and 1 commercial space AND 1 other bldg. with 1 apartment and 2 commercial spaces. NOTE commercial could be residential. 2 existing apartments and 2 spaces 2 are occupied by the owner as commercial spaces, 11 are residential rentals from rooms to two bedroom apartments and one is undergoing further renovations to be a 2 bedroom apartment. rents are paid by tenants on a weekly basis. Many , many uses are available for this property. Owner will consider some financing... with favorable terms to be negotiated. Owner prefers to do a like kind exchange so target properties will need to be selected. Two of the buildings have been extensively renovated and updated. There is LOTS of room for adding more units and this property fronts on THREE streets. There is a garage type building that can be improved into 2 to 4 more apartments. More information is available Broker / Owner interest

Greg Nash, Loon Valley Real Estate.

Essential Information

MLS® #: 4622592
Price: $1,100,000
Bathrooms: 0.00
Acres: 0.70
Year Built: 1950
Type: Commercial
Sub-Type: Commercial/Industrial
Status: Active

Community Information

Address: 139 - 141 Main St
Area: Lincoln
City: Lincoln
County: Grafton
State: New Hampshire
Zip Code: 03251

Exterior

Exterior: Clapboard
Lot Description: Corner, Level, Mountain View

Additional Information

Date Listed: March 18th, 2017
Days on Market: 970
Zoning: General Use

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Listing information last updated on November 13th, 2019 at 11:07pm EST.