Commercial Sale at 48 Lincoln Street, Exeter
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18 photos

$2,990,000

Under contract
48 Lincoln Street
Exeter, NH 03833
Listed by Nick Ponte · Carey Giampa, LLC/Portsmouth
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Beautifully Unique Development Opportunity in Downtown Exeter, NH An exceptional chance to own over 1.5 acres in the heart of vibrant downtown Exeter. Located within the MUND Overlay District, this property encourages a blend of residential and commercial development, offering flexibility and strong future potential. Rich with local history, the 16,000+ sq ft building originally served as a rubber step manufacturing plant for wagon wheels in the early 1900s, and for the past 40 years has been home to the Exeter Handkerchief Factory. The site offers an extraordinary canvas for redevelopment. Bordering the Amtrak rail line—with daily service from Exeter to Boston—and just a short walk to downtown Exeter’s shops and restaurants as well as Phillips Exeter Academy, this location is unbeatable. A rare investment and redevelopment opportunity in one of New Hampshire’s most desirable towns.

Property details

MLS
Prime MLS
MLS #
5069803
Property type
Commercial Sale
Subdivision
N/A
Status
Under contract
Days on market
117
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.53 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Lincoln Street Elementary School
0.11 mi away · Grades 3-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
417
Student:teacher ratio
9.7:1
District
Exeter School District
MiddleCharter
Great Bay Charter School (M)
0.34 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
51
Student:teacher ratio
12.8:1
District
Great Bay Elearning Charter School
HighCharter
Virtual Learning Academy (H)
0.34 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
375
District
Virtual Learning Academy Charter School

Walkability

Blended score for Exeter's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

39
Car-dependent
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Exeter, from live MLS data.

On the market 117 days -- 39 fewer days than Exeter's current average of 156 days.
For reference, the median list price across 117 active listings in Exeter right now is $535,000.

Mortgage calculator

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Est. monthly payment
$18,156/mo
$598,000 down
$2,392,000 loan
Principal & interest$15,514
Property tax (est.)$2,492
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 05/25/26.