Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    238 Central St Hudson, NH 03051

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,245 /Mo

    Office suite for rent in high-traffic building, utilities included.

    Property Features for 238 Central St

    General Information

    Property type
    Commercial
    Standard status
    Active

    We can help!

    Listing Contact
    Justin W Brown
    Source: Elliman

    Listing Agent: Justin W Brown

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

    Learn more

    Overview

    Second Floor Office Suite Available

    A second-floor office suite is available for rent within a building known for its convenient location and high traffic volume. The rental includes utilities. The building accommodates a variety of businesses, including medical services, skin and nail care, legal counsel, massage therapy, an auto wholesaler, and a barbershop. Additionally, a food truck operates on the premises from April through September. Improved signage is planned for the building.
    Location Intelligence

    Current Use by Public Records

    Milki's Barbershop Barber Shop Wisdom Healing LLC Alternative Medicine Practice Amy C. Breault, ... Law Firm Permanently Closed Hair Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4080495
    Latitude
    42.7720437

    Nearby Similar for Lease

    • Contact for pricing

      Medical/Office Space in Hudson Plaza

      3200 sq ft medical/office space in busy Hudson plaza.
      290 Derry Rd, Hudson, NH 03051
      View Details
    • $450 /Mo

      Furnished Private Offices for Rent

      Private, furnished offices available for rent in Hudson, NH.
      22 Brady Dr, Hudson, NH 03051
      View Details
    • $1,450 /Mo

      Retail Space in Busy Plaza

      Move-in ready retail space with existing salon infrastructure.
      76 Derry Rd, Hudson, NH 03051
      View Details
    • $450 /Mo
      2,400 SF

      Attractive Office Space For Rent

      Professional office space with ample natural light, ready for occupancy.
      22 Brady Dr, Hudson, NH 03051
      View Details
    • $1,245 /Mo

      Second Floor Office Suite Available

      Office suite for rent in high-traffic building with parking.
      238 Central St, Hudson, NH 03051
      View Details
    • $18 SF/Yr

      Attractive Office Space For Rent

      Professional office space with ample natural light, ready for occupancy.
      22 Brady Dr, Hudson, NH 03051
      View Details
    • $3,300 /Mo
      2,200 SF

      Mixed-Use Space on Rt 111

      Mixed-use space with office and warehouse areas, central location.
      216 Nh-111, Hudson, NH
      View Details
    • $16 SF/Yr

      Hudson Mall Retail Spaces

      Retail and restaurant spaces for lease in Hudson, New Hampshire.
      77 Derry Rd, Hudson, NH 03051
      View Details
    • $15 SF/Yr
      1,600 SF

      Hudson Flex Space Available

      Flex space with drive-in door, office, and parking.
      214 Central St, Hudson, NH 03051
      View Details
    • Contact for pricing
      2,000 SF

      Renovated Office/Flex Space Available

      Newly renovated office/flex space for lease with high-end finishes.
      15 Central St, Hudson, NH 03051
      View Details
    • Contact for pricing
      11,710 SF

      Retail Space in Hudson, NH

      Retail space available near downtown Nashua with ample parking.
      90 Derry St, Hudson, NH 03051
      View Details
    • $11 SF/Yr
      23,200 SF

      Hudson NH Industrial Space Available

      23,200± SF industrial space for lease near Everett Turnpike.
      5 Executive Dr, Hudson, NH 03051
      View Details

    FAQs

    What type of property is this?
    Office units - Office suite for rent in high-traffic building, utilities included.
    Where is this office units located?
    The property is located at 238 Central St Hudson, NH.
    What is the lease rate?
    The lease rate is $1,245 /Mo.
    What are key features of this property?
    This property features: - Utilities included; - Convenient and popular building; - Parking available
    (617) 461-6511
    Request Owner's contact information
    238 Central St Hudson, NH 03051
    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.
    238 Central St
    Hudson, NH 03051
    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
    238 Central St Hudson, NH 03051
    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

    We can help!
    Listing Contact
    Justin W Brown
    (617) 461-6511 (833) 434-4557
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!