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$525,000
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Property Description
Standalone mixed-use opportunity at 187 Main Street, ideally positioned on Main Street at the gateway to booming Salem, NH. This property offers a smart owner-occupant or investment setup with a street-level commercial space-perfect for a professional office-plus an apartment upstairs to generate additional income and help offset expenses. Enjoy strong visibility, easy access to Route 28 and I-93, and the added convenience of rear off-street parking. Salem continues to attract steady demand thanks to its tax-free shopping, expanding dining and retail scene, and close proximity to the Massachusetts border-making this a strategic location for both business and long-term value. A rare chance to secure a versatile Main Street asset in one of Southern New Hampshire's most desirable corridors.
Full Property Details
Full Property Details for 187 Main St
General
- Sold For: $525,000
- Taxes: $4,789 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5073700
- Added to Site: 49 day(s) ago
Location
- County: Rockingham
- Driving Directions: Use GPS for directions
Heating & Cooling
- Cooling Type: Other
- Heating Type: Electric, Forced Air
Utilities
- Sewer: Public
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Unfinished
- Roof: Architectural Shingle
- Stories/Levels: 2
- Finished Total: 2,336 Sq. Ft.
- Finished Above Grnd: 2,336 Sq. Ft.
- Year Built: 1911
Unit Information
- 1 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Frontage: No Road Frontage
- Driveway/Sidewalk: Other
- Zoning: B1
Financial Considerations
- Price Per Sq. Ft.: $235.4
- Assessment Year: 2024
- Assessment Amount: $272,100
- Tax Amount: $4,789
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 1394
Listed by Keller Williams Realty Evolution, Elizabeth Smith
Sold by Arris Realty, Alyssa. Hostetler
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Schools
Schools serving 187 Main St
School District:Salem School District, Salem, NH
| Name | Grades | Distance |
|---|---|---|
William E. Lancaster School 54 Millville Street, Salem, NH 03079 | K-5 | 0.5 mi |
Woodbury School 206 Main Street, Salem, NH 03079 | 6-8 | 0.2 mi |
Salem High School, Salem, NH 44 Geremonty Drive, Salem, NH 03079 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 187 Main St
Date
Details
Price
Change
Source
2/17/2026
Sold
$525,000
-4.53%
MLS
1/12/2026
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
187 Main Street, Salem, NH 03079 (MLS# 5073700) is a Multi-Family property that was sold at $525,000 on February 17, 2026. Want to learn more about 187 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

