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Three-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

23 Elm St, Nashua, NH 03060

Brick corner property combining apartments, retail space, and separately metered utilities in a walkable downtown setting.

Property SizeContact for details
Days on Market142

Property Features for 23 Elm St

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Corner Location Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 1BR, 4 x Studio
Multifamily Units 8

Amenities

coin-op laundry

Building Details

Buildings 1
Stories 3
Construction brick
Tenancy Multi
Listing Agency: Keller Williams Gateway Realty
Listed By: Brian Garvey · License #NH 070069
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:16PM

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 Keller Williams Gateway Realty

Investment Insights

Based on property information with market context.

This three-story brick building occupies a corner lot and combines nine residential units with street-level commercial space. The apartment mix includes four one-bedroom units and four studios. The 2600+/-SF retail area can be subdivided and is supported by a full lower level providing over 4600+/-USF. Several apartments have received updated flooring, cabinetry, and fixtures. A common-area coin-operated laundry adds an additional operating feature, while each unit is separately metered for gas and electric.

Municipal water and sewer serve the property, with trash and snow removal also provided. A new GenFlex EPDM membrane roof was installed 2 yrs ago. The building is directly across from the Elm St Parking Garage and Nashua Transit Center, with the performing arts center and Main St shops, restaurants, and pubs nearby.

Key Highlights

  • Nine residential units: (4) 1 Bedroom apartments and (4) Studio apartments
  • Street‑level 2600+/-SF retail space with subdivision potential
  • Full lower level providing over 4600+/-USF

Property Analytics

Current Use

Lucky Dog Thrift ... Discount Store C & R Furniture Furniture & Home Goods

Suggested Use

Top Pick Catering Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Locksmith Butcher

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

8
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,966
Businesses Nearby

Demographics for 03060, NH

31,251
Population
13,003
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
6.6 sq mi
ZIP Area
4,735
Density / Sq Mi
$78,068
Median Household Income
$44,628
Median Earnings
$1,539
Median Rent
$338,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick corner property combining apartments, retail space, and separately metered utilities in a walkable downtown setting.
Where is this mixed-use property located?
The property is located at 23 Elm St Nashua, NH.
What are key features of this property?
This property features: Nine residential units: (4) 1 Bedroom apartments and (4) Studio apartments; Street‑level 2600+/-SF retail space with subdivision potential; Full lower level providing over 4600+/-USF
(603) 883-8400 Call to check price and availability
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