Downtown Nashua Multi-Tenant
222 Main St Nashua, NH
For Sale
Contact for pricing
8,630 SF multi-tenant building in Downtown Nashua for sale.
Property Size8,630 SF
Lot Size0.23 Acres
Price / SF$168.02
Days on Market295
Property Features for 222 Main St
General Information
- Standard status
- Active
- Size
- 8,630 SF
- Lot size
- 0.23 Acres
- Property subtype
- RETAIL
Listing Agency:
Prolman Realty Inc.
(603) 880-6655
Listed By:
Mark Prolman
(603) 880-6655
Source:
Moodyscre
Added: Oct 4, 2025
Changed: Jul 10
Last Checked: Jul 21 at 3:55AM
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 Prolman Realty Inc.
Investment Insights
Based on property information with market context.
The property at 222-226 Main St. & 1 Eldridge St. is an 8,630+/- SF multi-tenant building located in the heart of Downtown Nashua. It is within walking distance of City Hall, the Elm Street Parking Garage, the Nashua Center for the Arts, and various banks and restaurants. The property offers prominent Main Street visibility and can accommodate a wide range of retail, professional, and hospitality uses. Existing tenants include Bagel Alley, which has operated at this location for more than 35 years, along with State Farm and Mimosa Nails, also long-term occupants. The vacant corner unit comprises approximately 4,230 SF with a full usable basement. The building received significant window and lighting upgrades in 2015, and a roof replacement in 2022. This property would suit an owner/occupant or an investor.
Key Highlights
- Prominent Main Street visibility in the heart of Downtown Nashua.
- Multi‑tenant building with long‑term tenants like Bagel Alley, State Farm, and Mimosa Nails.
- Vacant corner unit of approximately 4,230 SF with a full usable basement.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.4k | $21.60 |
| − Vacancy | −$14.0k | −$1.62 |
| EGI | $172.4k | $19.98 |
| − OpEx | −$51.7k | −$5.99 |
| NOI | $120.7k | $13.99 |
8,630 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$15.81M
$13.83M – $18.45M
NOI $1,106,798 @ 7.0% cap · market cap 76.33%
Second Best
Office B
$2.16M
$1.89M – $2.53M
NOI $151,515 @ 7.0% cap · market cap 10.45%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Charron Medical Equipment
Scooter Rental Service
FAQs
What type of property is this?
Retail space - 8,630 SF multi-tenant building in Downtown Nashua for sale.
Where is this retail space located?
The property is located at 222 Main St Nashua, NH.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prominent Main Street visibility in the heart of Downtown Nashua.; Multi‑tenant building with long‑term tenants like Bagel Alley, State Farm, and Mimosa Nails.; **Vacant corner unit of approximately 4,230 SF with a full usable basement.**
