Search
Apartment Buildings with Mixed-Use Space
For Sale
$729,900

2 Depot & 27 Carroll St, Pittsfield, NH 03263

Four-lot downtown package with an occupied apartment building and a larger mixed-use structure requiring additional renovation.

Property Size16,057 SF
Price / SF$45.46
Days on Market26

Property Features for 2 Depot & 27 Carroll St

General Information

Standard status Active
Size 16,057 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 5

Building Details

Year Built 1960
Listing Agency: RE/MAX Shoreline
Listed By: Andy Yau · License #074320
Source: Megansellsnh
Added: Aug 5 Changed: Aug 28 Last Checked: Aug 29 at 12:11PM

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 RE/MAX Shoreline

Investment Insights

Based on property information with market context.

This four-lot property includes a well-maintained 5-unit apartment building with 6,769 SF of finished space, renovated kitchens and baths in select units, newer flooring, a young roof, and a Buderus boiler. Long-term tenants are in place, and the building carries a cap rate exceeding 13.5%. A second structure provides 8,300+ SF of mixed-use space and retains restaurant equipment, including pizza ovens, refrigerators, and burners. Upper floors require renovation and may support 9+ additional apartments, while the overall package has potential for 27+ units subject to approvals and due diligence.

The vacant parcel can accommodate approximately 30 parking spaces or future development. The property is located in downtown Pittsfield at 2 Depot & 27 Carroll St, with walkable access to shops, restaurants, and daily conveniences. Drake Field and the Suncook River are nearby, and Concord is under 30 minutes away.

Key Highlights

  • 4 separate lots packaged with two principal buildings and a vacant parcel
  • 5‑unit building with 6,769 SF of finished space
  • 8,300+ SF mixed‑use building with pizza ovens, fridges, and burners in place

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Hair Salon HVAC Service Real Estate Agency Dental Office Pharmacy

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby

Demographics for 03263, NH

4,094
Population
1,868
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
91%
High-School Grad
24.5 sq mi
ZIP Area
167
Density / Sq Mi
$66,823
Median Household Income
$43,466
Median Earnings
$1,185
Median Rent
$270,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Four-lot downtown package with an occupied apartment building and a larger mixed-use structure requiring additional renovation.
Where is this apartment building located?
The property is located at 2 Depot & 27 Carroll St Pittsfield, NH.
What is the asking price?
The asking price for this property is $729,900.
What are key features of this property?
This property features: 4 separate lots packaged with two principal buildings and a vacant parcel; 5‑unit building with 6,769 SF of finished space; 8,300+ SF mixed‑use building with pizza ovens, fridges, and burners in place
More about this property
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