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    48 Central Sq Keene, NH 03431

    For Sale
    $399,000

    Three-story building in downtown Keene suitable for multiple uses.

    Lot size:
    0.03 Acres

    Property Features for 48 Central Sq

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1900

    Source: SVN The Masiello Group- Keene Agent Bill W Hutwelker III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Keene Mixed-Use Building

    Located on the square in vibrant downtown Keene, this three-story building is within walking distance of restaurants, theaters, retail stores, religious services, and governmental services. Currently used as an office building, it features multiple offices and a large conference room with windows facing the square. The upper floor was previously used for residential purposes and could potentially be returned to that use, subject to city approval. A full basement provides additional storage space. The property is suitable for office, retail, restaurant, and residential uses. It is located in a college town in tax-free New Hampshire.
    Insight Report Location Intelligence

    Current Use by Public Records

    Greater Monadnock Collaborative ... Chamber Of Commerce Heading For Home Housing Chamber Of Commerce

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Keene
    County
    Cheshire
    State
    New Hampshire
    Longitude
    -72.2791126
    Latitude
    42.9338007

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    FAQs

    What type of property is this?
    Office building - Three-story building in downtown Keene suitable for multiple uses.
    Where is this office building located?
    The property is located at 48 Central Sq Keene, NH.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Prime downtown Keene location on the square, offering walkability to restaurants, theatre, retail, and services.; - Versatile 3-story building suitable for office, retail, restaurant, or residential uses.; - Upper floor potentially convertible to residential use with city approval.
    (833) 746-6479
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    48 Central Sq Keene, NH 03431
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    Realmo Value Estimation

    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.

    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.

    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
    48 Central Sq Keene, NH 03431
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