Office Unit with
For Sale
Contact for pricing
113 West Pearl Street, Nashua, NH 03060
D1Mu zoning offers flexibility beyond the property's current office arrangement.
Property Size4,400 SF
Price / SF$0.68
Days on Market87
Property Features for 113 West Pearl Street
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Commercial
Zoning
D1Mu
Additional Details
Property Use
Office
Listing Agency:
Century 21 Cardinal
(603) 889-3233
Listed By:
William Brown · License #William Brown
(603) 459-4059
Source:
Longviewcre
Added: Aug 7
Changed: Oct 30
Last Checked: Oct 28 at 3:50PM
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 Century 21 Cardinal
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Investment Insights
Based on property information with market context.
This office property contains 4,400 square feet across the first floor and basement. Its existing configuration is arranged for office use, while D1Mu zoning allows for a range of possibilities beyond the current setup.
The property is located at 113 West Pearl Street in Nashua, New Hampshire.
The property is located at 113 West Pearl Street in Nashua, New Hampshire.
Key Highlights
- 4,400 square feet across the first floor and basement
- Currently configured for office use
- D1Mu zoning allows for a range of possibilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,250
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,545,000
$1.5M
Cap Rate 7%
$1,103,571
$1.1M
Cap Rate 9%
$858,333
$858.3K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$118.8K $27.00/SF
− Vacancy
−$15.8K −$3.59/SF
EGI
$103.0K $23.41/SF
− OpEx
−$25.7K −$5.85/SF
NOI
$77.2K $17.56/SF
Area
Hillsborough County, NH
Vacancy
13.30%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,545,000
Cap Rate 7%
$1,103,571
Cap Rate 9%
$858,333
Alternative Uses
Best Use
Office B
$1.10M
$965.6K – $1.29M
NOI $77,250 @ 7.0% cap · market cap 2,575.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.06M
$7.05M – $9.41M
NOI $564,300 @ 7.0% cap · market cap 18,810.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,934
Businesses Nearby
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Business Placement
Demographics for 03060, NH
31,251
Population
13,003
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
6.6 sq mi
ZIP Area
4,735
Density / Sq Mi
$78,068
Median Household Income
$44,628
Median Earnings
$1,539
Median Rent
$338,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - D1Mu zoning offers flexibility beyond the property's current office arrangement.
Where is this office unit located?
The property is located at 113 West Pearl Street Nashua, NH.
What are key features of this property?
This property features: 4,400 square feet across the first floor and basement; Currently configured for office use; D1Mu zoning allows for a range of possibilities
