Renovated Mixed-Use Apartment
For Sale
$4,500,000
1 Pleasant Street, Claremont, NH 03743
Three-story mixed-use brick building with renovated apartments and street-level retail, plus on-site laundry and modern building systems.
Property Size32,635 SF
Lot Size0.31 Acres
Price / SF$137.89
Days on Market163
Property Features for 1 Pleasant Street
General Information
Standard status
Active
Size
32,635 SF
Lot size
0.31 Acres
Property subtype
Multi-family
Lease Term
[]
Additional Details
Sprinkler System
Yes
Multifamily Units
40
Building Details
Year Built
1892
Year Renovated
2024
Stories
3
Listing Agency:
Downtown Realty
Listed By:
Matthew Lefebvre
(617) 510-4783
Source:
Lakesregionrealestate
Added: Mar 14
Changed: Aug 22
Last Checked: Aug 22 at 9:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Downtown Realty
Investment Insights
Based on property information with market context.
Union Block Apartments is a three-story, 40-unit mixed-use brick building with 34 residential apartments and 6 street-level retail spaces. The property was comprehensively rebuilt in 2024 via a complete gut renovation, taking every unit to the studs and modernizing the interiors throughout. Improvements include full electrical rewiring in all apartments, updated plumbing and drain lines, new bathrooms and kitchens, cosmetic updates, and brand-new metal windows constructed to historic standards. Common areas have been refreshed with modern flooring, paint, and lighting, and a building-wide security system was installed. Building systems include forced hot water distributed via baseboards, supported by two active oil-fired boilers and three additional wood pellet burner boilers, as well as a building-wide air exchange system. The building is fully sprinklered and has completed roof repairs, supported by a 6,000-gallon underground oil storage system. Additional income comes from a refreshed, owned coin-operated laundry facility with three washers and three dryers.
Located in the heart of downtown Claremont on an urban corner parcel at Pleasant Street and Opera House Square, the property is positioned for tenant walkability to municipal lots and garages within a few blocks.
With both apartment and street-level retail components, this offering can support tenants and operators seeking a renovated mixed-use asset. The property does not include on-site parking, and trash service is provided through a long-term dumpster lease for tenant convenience, extending through November 2035.
Located in the heart of downtown Claremont on an urban corner parcel at Pleasant Street and Opera House Square, the property is positioned for tenant walkability to municipal lots and garages within a few blocks.
With both apartment and street-level retail components, this offering can support tenants and operators seeking a renovated mixed-use asset. The property does not include on-site parking, and trash service is provided through a long-term dumpster lease for tenant convenience, extending through November 2035.
Key Highlights
- 1892‑built, three‑story mixed‑use brick building on a 0.31‑acre corner lot (Pleasant St & Opera House Square) in downtown Claremont
- 40 total units: 34 residential apartments plus 6 street‑level retail spaces for diversified income streams
- Comprehensively rebuilt in 2024 with a complete gut renovation—units taken to the studs and modernized throughout
Property Analytics
Property Profile
Current Use
Lease Details
40
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Explore this area
Business Placement
Demographics for 03743, NH
13,540
Population
5,850
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
86%
High-School Grad
59.1 sq mi
ZIP Area
229
Density / Sq Mi
$54,978
Median Household Income
$40,794
Median Earnings
$1,078
Median Rent
$172,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story mixed-use brick building with renovated apartments and street-level retail, plus on-site laundry and modern building systems.
Where is this apartment building located?
The property is located at 1 Pleasant Street Claremont, NH.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 1892‑built, three‑story mixed‑use brick building on a 0.31‑acre corner lot (Pleasant St & Opera House Square) in downtown Claremont; 40 total units: 34 residential apartments plus 6 street‑level retail spaces for diversified income streams; Comprehensively rebuilt in 2024 with a complete gut renovation—units taken to the studs and modernized throughout
