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

    222 Main St Nashua, NH 03060

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    8,630 SF multi-tenant building in Downtown Nashua for sale.

    Property size:
    8,630 SF
    Lot size:
    0.23 Acres

    Property Features for 222 Main St

    General Information

    Size
    8,630 SF
    Lot size
    0.23 Acres

    We can help!

    Listing Contact
    Mark Prolman
    Mark Prolman
    Source: Moodyscre

    Listing Agency: Prolman Realty Inc. Listing Agent: Mark Prolman

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

    Learn more

    Overview

    Downtown Nashua Multi-Tenant Building

    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.
    Location Intelligence

    Current Use by Public Records

    Charron Medical Equipment Medical Supply Store

    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
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.464191
    Latitude
    42.758517

    Nearby Similar for Sale

    • New
      $729,810
      6,464 SF

      Iconic Nashua Garden Opportunity

      Former deli-bar-club in downtown Nashua for sale.
      121 Main St, Nashua, NH 03060
      View Details
    • $574,900
      3,644 SF

      Mixed-Use Property Near Downtown

      Three-unit property near downtown and highway with fenced yard.
      19 Cross St, Nashua, NH 03064
      View Details
    • $425,000
      2,024 SF

      Downtown Nashua Two-Family Property

      Two-unit property in downtown Nashua with customization potential.
      14 Pleasant St, Nashua, NH 03060
      View Details
    • $329,000

      Established Restaurant Franchise Opportunity

      Turnkey fast-casual restaurant franchise for sale in southern NH.
      1 Fast Food Restaurant Ln, Nashua, NH 03060
      View Details
    • $549,900
      2,550 SF

      Nashua Multi-Family Home For Sale

      Two-unit property in central Nashua with separate utilities and parking.
      20 Wilder St, Nashua, NH 03060
      View Details
    • $875,000

      Turnkey Restaurant Opportunity on Main

      Restaurant with off-street parking and high visibility on Main.
      233 Main St, Nashua, NH 03110
      View Details
    • $811,900

      Iconic Nashua Garden Opportunity

      Former Nashua Garden available for sale in downtown Nashua.
      121 Main St, Nashua, NH 03060
      View Details
    • $4,900,000

      Downtown Nashua Retail Space

      Retail space in downtown Nashua near Performing Arts Center.
      4-10 West Hollis St, Nashua, NH 03060
      View Details
    • $515,000
      2,604 SF

      Multi-Family Near Downtown Nashua

      Multi-family property near downtown Nashua shopping and dining.
      18-20 Maple St, Nashua, NH 03064
      View Details
    • $475,000

      High-Visibility Commercial Building For Sale

      Standalone building in high-traffic Nashua location with flexible layout.
      51-1/2 Kinsley St, Nashua, NH 03062
      View Details
    • $349,900

      Updated Office Space in Nashua

      Turnkey office space in a thriving medical hub.
      29 Riverside St, Nashua, NH 03062
      View Details
    • Contact for pricing
      3,707 SF

      Turnkey Arby's Franchise Opportunity

      Arby's franchise business for sale in Nashua, NH.
      621 Amherst St, Nashua, NH 03063
      View Details

    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 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.**
    (603) 880-6655 Call to check price and availability
    Request Owner's contact information
    222 Main St Nashua, NH 03060
    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.
    222 Main St
    Nashua, NH 03060
    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
    222 Main St Nashua, NH 03060
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Prolman
    Mark Prolman
    (603) 880-6655
    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!