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$699,000 Just Listed
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Property Description
Location, Location, Location!! Exceptional Investment Opportunity!! This versatile residential/commercial property includes : a 3-bed. 2.1/2 bath home (2319 sq. ft), a 3=bay garage with office space (2,000 sq. ft) with a 700 sq. ft canopy/leanto. Plus a cozy 624 sq ft cottage with 274 sq ft on Moose River - all situated on 1.7 acres. Rent out the garage bays, operate your own business, or convert the cottage into a short-term rental for all the outdoor adventurers. With proximity to trails and town, this property is primed for strong returns. The sky's the limit-schedule your showing today!
Full Property Details
Full Property Details for 161 Lancaster Rd
General
- Price: $699,000
- Taxes: $7,935 (2025)
- Status: Active
- Type: Commercial Investment
- Source: PrimeMLS
- MLS ID: 5111021
- Updated: 9/25/2026
- Added to Site: 5 day(s) ago
Parking
- Parking: Driveway, Garage, On-Site, Parking Spaces 6+, Paved
Location
- County: Coos
- Driving Directions: Start in Berlin, NH heading south on NH-16 S. Continue on NH-16 S for about 4 miles. Turn right onto Lancaster Road (NH-2A) in Gorham. Follow Lancaster Road for about 0.5 miles. See sign on property, property will be on your left.
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Hot Water, Oil, Pellet Stove
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Basement Stairs, Bulkhead, Concrete, Concrete Floor, Full, Storage Space, Unfinished, Walkout
- Roof: Asphalt Shingles
- Year Built: 1890
Lot Features
- Lot Size (Acres): 1.7
- Lot Size (Sq. Ft.): 74,052
- Frontage: Yes Road Frontage
- Frontage Feet: 263
- Zoning: RA
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Brook/Stream
- Water Front Name: Yes
- Water Front Owned: 1
Financial Considerations
- Assessment Year: 2025
- Assessment Amount: $338,390
- Tax Amount: $7,935
- Tax Year: 2025
Timeshare
- Fractional Own: Adequate
Disclosures and Reports
- Surveyed: Yes
Listed by RE/MAX Northern Edge Realty LLC, Debi Davis
Get Pre-Approved Today
Schools
Schools serving 161 Lancaster Rd
School District:Gorham Randolph Shelburne Cooperative School District
| Name | Grades | Distance |
|---|---|---|
Edward Fenn School 169 Main Street, Gorham, NH 03581 | K-5 | 1.8 mi |
Gorham Middle School, Gorham, NH 120 Main Street, Gorham, NH 03581 | 6-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 Lancaster Rd
Date
Details
Price
Change
Source
9/22/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 161 Lancaster Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,935
-14%
$338,390
4%
2024
$9,206
14%
$325,400
-1%
2023
$8,092
1%
$329,600
—
2022
$7,993
-2%
$329,600
44%
2021
$8,156
12%
$229,100
—
2020
$7,297
-6%
$229,100
—
2019
$7,737
-7%
$229,100
—
2018
$8,364
8%
$229,100
—
2017
$7,778
16%
$229,100
5%
2014
$6,685
17%
$217,900
-9%
2010
$5,726
—
$239,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 161 Lancaster Rd
161 Lancaster Road, Gorham, NH 03581 (MLS# 5111021) is a Commercial Investment property. 161 Lancaster Road is currently listed for $699,000 and was received on September 22, 2026. Want to learn more about 161 Lancaster Road? Do you have questions about finding other Commercial Investment real estate for sale in Gorham? You can browse all Gorham real estate or contact a Coldwell Banker agent to request more information.

