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Second-Floor Office Suite
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130 Main Street, Salem, NH 03079

The suite includes seven offices and access to shared conference and waiting areas.

Property Size21,895 SF
Price / SF$0.00
Days on Market47

Property Features for 130 Main Street

General Information

Standard status Active
Size 21,895 SF
Property subtype Commercial

Additional Details

Floor 2
Office Units 1
Property Use Office

Amenities

Common Waiting Area
Conference Room
Kitchenette
2 Bathrooms

Building Details

Tenancy Multi
Listing Agency: Inex Properties
Listed By: Mark Lacombe · License #Mark Lacombe
Source: Longviewcre
Added: Sep 16 Changed: Oct 28 Last Checked: Oct 28 at 4:27PM

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 Inex Properties

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Investment Insights

Based on property information with market context.

A second-floor office suite at 130 Main Street includes seven offices and one private bathroom. Shared amenities include a waiting area, conference room, kitchenette, and two additional bathrooms.

The suite is within an office and retail center with on-site parking and access from Main Street.

Key Highlights

  • Seven offices and one private bathroom
  • Shared waiting area, conference room, kitchenette, and two bathrooms
  • Located on the second floor of an office and retail center

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$375,863
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,517,260 $7.5M
Cap Rate 7%
$5,369,471 $5.4M
Cap Rate 9%
$4,176,256 $4.2M
Market Conditions
NOI Build-Up for 21,895 SF
Gross rent
$578.0K $26.40/SF
− Vacancy
−$76.9K −$3.51/SF
EGI
$501.2K $22.89/SF
− OpEx
−$125.3K −$5.72/SF
NOI
$375.9K $17.17/SF
Area
Rockingham County, NH
Vacancy
13.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,517,260
Cap Rate 7%
$5,369,471
Cap Rate 9%
$4,176,256

Alternative Uses

Best Use
Office B
$5.37M
$4.70M – $6.26M (±1% cap)
NOI $375,863 @ 7.0% cap · market cap 2,891,253.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.29M
$6.38M – $8.50M (±1% cap)
NOI $510,262 @ 7.0% cap · market cap 3,925,092.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Melanie Norcross, REALTOR ... Real Estate Agency Khoury Pamela J Law Firm Leanne Wancheck at Keller ... Real Estate Agency Liberty Utilities Walk-In ... Electric Utility Company Achieve Success-Mind Body ... Alternative Medicine Practice

Suggested Use

Top Pick Dental Office Storage Facility Electrical Service Garden Center Parking Lot & Garage Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 03079, NH

30,095
Population
13,511
Households
2.2
Avg Household Size
46
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
1,214
Density / Sq Mi
$101,339
Median Household Income
$59,515
Median Earnings
$1,487
Median Rent
$438,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite includes seven offices and access to shared conference and waiting areas.
Where is this office unit located?
The property is located at 130 Main Street Salem, NH.
What are key features of this property?
This property features: Seven offices and one private bathroom; Shared waiting area, conference room, kitchenette, and two bathrooms; Located on the second floor of an office and retail center
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