343 Main Street, Sandown, NH 03873

• 7,192 sqft

Property Description

Fully Entitled 6-Unit Multi-Family | Value-Add | Ready for Rehab Rare opportunity to acquire a pre-approved 6-unit multi-family asset with moderate rehab and strong upside. The unit mix includes one 2-bedroom/1.5 bath, two 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one large studio, all positioned to achieve full market-rate rents upon completion. Originally built in 1986 as a mixed-use retail and residential property, the asset’s highest and best use has evolved into a fully residential income-producing investment. The property is well-positioned for a streamlined development process, with full architectural plans in place, including demolition and construction schedules, and all town approvals secured—ready for immediate permit pull. A local builder has already provided a rehab estimate and is prepared to begin work. Additional value can be realized through a large unfinished basement and a two-car garage, offering potential for storage or supplemental rental income. The site also provides ample on-site parking to support tenant demand. Situated in the heart of the village within walking distance to Triple Elm Coffee shop, Bruchetti’s Pizza, A and M Sandown Market, Rockingham Rail Trail, Post Office, Library, Town Beach, the historic Sandown Train Depot and the Sandown Meeting House.

Listing Status:

Active

Date Added:

May 8, 2026

Data Last Updated:

May 26, 2026 at 8:01AM

Listing Office:

Keller Williams Realty Metro-Londonderry : 603-232-8282

Listing Agent:

Doug Martin : 603-232-8282 : dougmartin@kw.com

MLS ID:

5087806

Interior

• Basement: Concrete Floor
• A/C: Central AC
• Heating: OilHot Water

Exterior

• Style: Multi-Family

Construction

• Roofing: Asphalt Shingle
• General: Wood FramePoured Concrete

Location

• Road/Access: PavedPublic Maintained Road
• County: Rockingham

Lot

• Driveway: Paved
• Zoning: B1

Utilities

• Utilities: Cable at SiteTelephone at Site
• Water: Private
• Sewer: PrivateSeptic