Back to Search
Downtown Nashua Multi-Tenant Building

222 Main St Nashua, NH

Claim this Listing
For Sale
Contact for pricing

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

Type:RETAIL
Property size:
8,630 SF
Lot size:
0.23 Acres
Price / SF:
$168/SF
Added:
Oct 4, 2025
Days on Market:
281
Last Refresh:
May 19 at 10:03 pm

Property Features for 222 Main St

General Information

Standard status
Active
Size
8,630 SF
Lot size
0.23 Acres
Property subtype
RETAIL

Listing office Prolman Realty Inc.

Listing date Oct 4, 2025

Source Moodyscre

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.

Local 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 (±1% cap)
NOI $1,106,798 @ 7.0% cap · market cap 76.33%
Second Best
Office B
$2.16M
$1.89M – $2.53M (±1% cap)
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 Wheelchair Rental Service

Suggested Use

Real Estate Agency Garden Center Veterinary Clinic Storage Facility Catering Service Florist Parking Lot & Garage Hotel & Motel Pet Grooming Service (Bike/Boat/Book/etc) Store

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

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.**
Contact an agent
(603) 880-6655 Call to check price and availability
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