Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Story Office Building in Nashua Title is generated by Realmo AI

    35 E Pearl Street, Nashua, NH 03060

    View on Map
    Claim this Listing
    For Sale
    $575,000

    Commercial For Sale - Nashua, NH

    Property size:
    2,500 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $230/SF
    Added:
    Mar 31, 2026
    Days on Market:
    47
    Last Refresh:
    May 16 at 5:06 pm

    Property Features for 35 E Pearl Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Downtown Mixed Use
    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5926

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Krissy LaPorte

    Listing agent Krissy LaPorte

    Listing office Keller Williams Realty-Metropolitan 168 South River Rd., Bedford, NH

    Listing date Mar 31, 2026

    MLS# 5081464 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Delivered vacant, offering immediate owner‑user or investor opportunity.
    • Prime downtown Nashua location within walking distance to courthouse, municipal offices, and Main Street amenities.
    • Downtown Mixed Use (DMU) zoning allows for flexible use including office, mixed‑use, or potential residential conversion.
    • Recent updates include new flooring, windows, HVAC systems, exterior painting, and hot water tank.
    • On‑site parking plus additional leased parking nearby and on‑street metered parking.
    • Convenient access to public transportation, including local bus routes and regional airports.

    Overview

    Located in Nashua’s Downtown Mixed Use (DMU) district, 35 East Pearl Street is a well-maintained, two-story office building totaling approximately 2,500 square feet. Situated on a 0.088-acre lot, the property will be delivered vacant, offering immediate opportunity for an owner-user or investor. The property includes on-site parking, additional leased parking nearby, and convenient on-street metered parking. Strategically positioned in downtown Nashua, the property is within walking distance to the courthouse, municipal offices, and Main Street amenities, providing strong accessibility for professional office users. The location also benefits from convenient access to public transportation, including local bus routes, commuter rail connections in nearby communities, and regional access to Manchester-Boston Regional Airport and Boston Logan International Airport. The building has been consistently updated and maintained with recent improvements including new flooring, windows, HVAC systems, exterior painting and hot water tank. The roof was replaced approximately ten years ago. The DMU zoning allows for a range of permitted uses, offering flexibility for office, mixed-use, or potential residential conversion, subject to municipal approvals. Single or Multi-tenant option.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $487.7K
    NOI $43,892 @ 9.00% cap · cautious / downside scenario
    Moderate
    $627.0K
    NOI $43,892 @ 7.00% cap · market / base-case scenario
    Aggressive
    $877.8K
    NOI $43,892 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Office B

    Component $ $/SF
    Gross rent $67.5k $27.00
    − Vacancy −$9.0k −$3.59
    EGI $58.5k $23.41
    − OpEx −$14.6k −$5.85
    NOI $43.9k $17.56
    2,500 SF · lease $27.00/SF/yr · vacancy 13.30% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $627.0K
    $548.7K – $731.5K (±1% cap)
    NOI $43,892 @ 7.0% cap · market cap 7.63%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $4.58M
    $4.01M – $5.34M (±1% cap)
    NOI $320,625 @ 7.0% cap · market cap 55.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Artificial Turf Factory ... Big Box & Wholesale Store Shanelaris Schirch & Warburton ... Law Firm Shanelaris & Schirch PLLC: ... Law Firm Law Office of Meridith ... Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4620427
    Latitude
    42.7611692

    Nearby Similar for Sale

    • $400,000
      2,829 SF

      Nashua Multi-Family Investment Opportunity

      Side-by-side townhome style 2-family property with rehab potential.
      23 Harvard Street, Nashua, NH 03060
      View Details
    • $329,000

      Established Restaurant Franchise Opportunity

      Turnkey fast-casual restaurant franchise for sale in southern NH.
      one Fast Food Restaurant Lane, Nashua, NH 03060
      View Details
    • $675,000
      2,795 SF

      Well-Maintained Three-Family Property

      Three-family property with separate utilities, ideal for investors.
      22 Beech Street, Nashua, NH 03060
      View Details
    • $575,000
      2,500 SF

      Two-Story Office Building in Nashua

      Well-maintained 2,500 SF office building in Nashua's Downtown.
      35 East Pearl Street, Nashua, NH 03060
      View Details
    • $729,810

      Iconic Nashua Garden Opportunity

      Former deli-bar-club in downtown Nashua for sale.
      121 Main Street, Nashua, NH 03060
      View Details
    • $415,000
      2,024 SF

      Downtown Nashua Two-Family Property

      Two-unit property in historic downtown Nashua, close to amenities.
      14 Pleasant Street, Nashua, NH 03060
      View Details
    • $729,810
      5,706 SF

      Downtown Restaurant Opportunity Zone Location

      Three-story restaurant building with equipment and furnishings included.
      121 Main St, Nashua, NH 03060
      View Details
    • $203,000

      Dental Office Condo For Sale

      Dental office condo with equipment, furnishings, and specialized infrastructure.
      3-H Taggart Dr 10, Nashua, NH 03060
      View Details
    • $2,952,493
      17 SF

      Downtown Nashua Retail and Office

      Two buildings with retail and office space in downtown Nashua.
      211 Main St, Nashua, NH 03060
      View Details
    • $349,900
      2,750 SF

      Updated Office Space in Nashua

      Turnkey office space in a thriving medical hub.
      29 Riverside St # C, Nashua, NH 03062
      View Details
    • $2,900,000
      14,742 SF

      Corporate Facility in Premier Location

      14,742 SF corporate facility in Nashua's office corridor.
      1800 Southwood Dr, Nashua, NH 03063
      View Details
    • $515,000
      2,604 SF

      Multi-Family Near Downtown Nashua

      Multi-family property near downtown Nashua shopping and dining.
      18-20 Maple Street, Nashua, NH 03064
      View Details

    FAQs

    What type of property is this?
    Office building - Well-maintained office building in Nashua's Downtown Mixed Use district.
    Where is this office building located?
    The property is located at 35 E Pearl Street Nashua, NH.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Delivered vacant, offering immediate owner‑user or investor opportunity.; Prime downtown Nashua location within walking distance to courthouse, municipal offices, and Main Street amenities.; Downtown Mixed Use (DMU) zoning allows for flexible use including office, mixed‑use, or potential residential conversion.
    (603) 232-8282
    We can help!
    Listing Contact
    Krissy LaPorte
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    35 E Pearl Street, Nashua, NH 03060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!